Greek governor paints bleak picture of life without the euro

Yannis Stournaras

Leaving the eurozone is "not an option" for Greece, central bank governor Yannis Stournaras has argued, as it would push the cash-strapped country into another deep recession.

After six years of recession, the Greek economy grew by 0.8% in 2014, and Stournaras believes the country is on the cusp of returning to a "steady growth path" in the next few years.

He told an audience at the Hellenic Observatory in London on March 25 that realising this vision would require staying in the eurozone, as th

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: