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Bank of Greece Says Bad Loans Declined in 2017

Non-performing loans (NPLs) fell in 2017 and credit risk is down compared with previous quarters, but a further decline will depend on developments in Greece's...

Greek Bank Deposits Rise in March

In March 2018, the annual growth rate of total credit extended to the economy stood at -2.0 percent from -1.8 percent in the previous...

Bank of Greece Head Says Post-Bailout Credit Line Needed

There is a need for a precautionary credit line for Greece after the end of the bailout program in August, said Bank of Greece...

Bank of Greece Chief Insists on Precautionaly Credit Line after Bailout Program

Bank of Greece governor Yiannis Stournaras on Saturday stressed the need for a precautionary credit line after the end of the European Stability Mechanism...

Lawmakers Drop Audit of Bank of Greece Governor’s Assets

The audit case of Bank of Greece governor Yannis Stournaras' source-of-wealth declarations has been shelved, the Greek parliament's Review Committee on Asset Statements revealed...

Bank of Greece Chief: They Try to Destroy Me

"They try to destroy me with obvious lies and anonymous witnesses," said Bank of Greece Governor Yiannis Stournaras after allegations of his involvement in...

Greece Sees Positive News on Bonds, Deficit

The optimistic outlook about the future of Greece's economy after S&P's upgrade on Friday continues with good news on two fronts: Greek short-dated bond...

Bank of Greece Issues Warning on Bad Loans

The banking system is still susceptible to external financial dangers, the Bank of Greece (BoG) warned in a review of the Greek financial sector...

Greek Government Cash Balance Shows 4.4-bln-Euro Deficit in 2017

The central government cash balance recorded a deficit of 4,434 million euros in 2017, from a deficit of 3,569 million euros in the previous...

Private Sector Bank Deposits Up for Second Month in a Row

Greek private sector bank deposits increased slightly in November, rising for a second month in a row, Bank of Greece data showed on Friday,...

Central Bank Proposes Post-Bailout Support Programme for Greece

Bank of Greece governor Yannis Stournaras, is worried about a potential gap in Greece's funding after the country's apparent exit from the existing bailout...

Average Spending per Tourist in Greece Half than That in Spain

Data released this week by the Bank of Greece indicates that average spending per tourist on holiday in Greece over the first nine months...

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