Governors’s Stournaras Speech

“The Greek Economy Ten Years after the Crisis: Lessons for National Economies, the Eurozone and Future Challenges”

Yannis Stournaras, Governor, Bank of Greece

Bucharest, 30 March 2026

Dear Colleagues,

I would like to thank the Governor of the National Bank of Romania and dear friend Mugur Isarescu, for inviting me in the National Bank to share with you my experience on the efforts undertaken by Greece to overcome the debt crisis and enhance its economic resilience. Greece’s determined efforts showed that fiscal consolidation, financial restructuring and sustained structural reform can help a country regain economic credibility after years of hardship and lay the foundations for sustainable growth.

That experience remains relevant today, as the recent military escalation in the Middle East unfolds. The geopolitical conflict constitutes an add...