Bank of Greece, Governor -Yiannis Stournaras, Talks about Greece [Varoufakis justified]


Reproduction of article FT.com: Yannis Stournaras, is a Greek economist who has been the Governor of the Bank of Greece since June 2014. Previously, he had been the Greek Minister of Finance from 5 July 2012 serving until 10 June 2014. ———————————————————————- Reference from article: Greece is the only country in Europe that still remains under…

Australia Heading for Recession: Yanis Varoufakis


  REPRINT | SOURCE: YANIS VAROUFAKIS | AFR     30 November, 2015 Category: Economics / Finance  Australia is headed towards recession, according to former Greek finance minister Yanis Varoufakis, who argues that weak domestic investment and the slowdown in China will ultimately put the brakes on growth. Speaking to Fairfax Media on Monday, the…

Australian Property Market Report: Dec 2015


By Arthur Kokontis 2nd, December 2015 Source: Sitnok Global House prices continue to slide in Australia House prices in Australia continue to show falling prices. Recent independent action by Australian banks not in unison with the Reserve Bank of Australia  –  saw them hike rates. It started with Westpac Banking Corporation which increased its headline owner-occupier…