In my min,d there is arguably a greater risk of a default on the debt of a U.S. state than there is on the debt of a euro-area member. I consider it unthinkable that a euro-area country would default. — Athanasios Orphanides Copy Share Image
Cyprus had developed its financial center over three decades ago by having double taxation treaties with a number of countries: the Soviet Union, for… — Athanasios Orphanides Copy Share Image
Watching the economies in various parts of the world, I believe that there is scope for improvement everywhere. There is some corruption and inefficiency… — Athanasios Orphanides Copy Share Image
Near-zero policy rates that may be considerably expansionary in an economy with high inflation could be contractionary when inflation is too close to zero,… — Athanasios Orphanides Copy Share Image
In my min,d there is arguably a greater risk of a default on the debt of a U.S. state than there is on the… — Athanasios Orphanides Copy Share Image
The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates. — Athanasios Orphanides Copy Share Image
Sometimes you have Harvard undergraduates who stun you with the depth of their knowledge. That is why it is great to be at a… — Athanasios Orphanides Copy Share Image
My mother is from Greece: she comes from Vrahos, a small village in Kastoria. — Athanasios Orphanides Copy Share Image
Cyprus joined the E.U. in 2004 and immediately wanted to get into the euro area for the express purpose of completing, as quickly as… — Athanasios Orphanides Copy Share Image
I would say that fears of the euro area breaking up are unfounded. — Athanasios Orphanides Copy Share Image
In order for the E.U. area to stay together, they needed to form a banking union, which meant they needed to have a common… — Athanasios Orphanides Copy Share Image
