Bank of Greece Governor Yannis Stournaras talks to FT

STOURNARAS: “Greece is in the frontline because we have thousands of kilometers of coastline, so it is very difficult to control the refugee wave. Now, the analysis we have done and we have presented abroad, is that from the refugee problem the benefits mainly go to the host countries and the costs mainly stay with the transit countries…”

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ECB’s Mario Draghi on economic developments

In an interview yesterday [Oct 31] with newspaper Il Sole 24 Ore, ECB president Mario Draghi referred to key economic developments in Europe and internationally, whilst he did argued on Greece’s national debt. Key parts of the interview, based on a translation published on ECB website have as follows:

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