Deputy Governor of the Bank of Greece, John (Iannis) Mourmouras whose responsibilities pertain to the implementation of monetary policy, global capital markets, payment and settlement systems, and bank resolution arrived in Australia last week. \
Mourmouras, who is also Chairman of the Financial Asset Management Committee, which is responsible for the Bank’s international investment portfolio met with Bishops Iakovos of Militoupolis and Ezekiel of Dervis respectively on 1 May to discuss the future of Greek economy as well as the next moves of the Greek Orthodox Archdiocese of Australia.
ALSO READ: Greece is the second most indebted country in the world
Mr Mourmouras who served as Deputy Finance Minister of Greece, during the hardest of times – between 2011 and 2012- and was Chief Economic Advisor to the Greek Prime Minister, as well as Head of the PM’s Economic Office until 2014 held a meeting with the General Consul of Greece in Victoria Dimitrios Michalopoulos and his team touching on the much needed investment policy from overseas towards the Greek economy.
ALSO READ: Archbishop Demetrios of America tenders his resignation to Ecumenical Patriarch Bartholomew
During the dinner that followed the meeting, Mr Mourmouras answered many questions regarding banking in Greece and the state’s sovereign risk which has been reduced significantly.
The Bank of Greece Deputy Governor who in addition to his other accolades and experience holds a seat as Professor of Macroeconomics at the University of Macedonia Department of Economics in Thessaloniki, analysed the ‘Red Loans’ topic, alongside Depository Trust Company (DTC) and International Monetary Fund (IMF) policies.
Finally, Mr Mourmouras wrapped up his address by extending an invitation to Greek Australian businessmen, urging them to invest into start ups and businesses in the motherland giving the recovering Greek economy a much needed injection.
