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The discourse on the need to separate debt management and monetary policy is doing rounds for quite a time. The view was even endorsed by the committee on capital account convertibility in 1996 because of the possible conflict of interest between monetary policy and debt management. Why the issue went to backburner? When Bimal Jalan ..
Kyriakos Mitsotakis has been sworn in as the new Prime Minister of Greece. His party – New Democracy – won a landslide victory in the 2019 legislative election with a score of 39.85% of votes and 158 seats in the Hellenic Parliament.
Greece Prime Minister Antonis Samaras declared Greek economist Yannis Stournaras as the country’s new Finance Minister. He took the place of Vassilis Rapanos who had submitted resignation due to health reasons. Stournaras, 55, is a cherished laissez-faire pro-reform economist who served as Development and Shipping Minister in the custodian government that led Greece to the ..
The leader Antonis Samara, leader of New Democracy Party (NDP), a sworn in as the Prime Minister of Greece. Samaras’s clinched 129 seats of 300 in the parliamentary elections. The NDP formed the new government with the support of socialist party Pasok and the Democratic Left party. Greece is going through the severe economic upheaval ..