Bank of Greece

Greece's current account surplus grew by 42.4 percent in the January-July period this year, compared with the equivalent period in 2013, reported the Bank of Greece on Monday. The Central Bank said that the total account surplus reached nearly 567...

Property values in Greece continue to drop as the Greek economy struggles to recover. Greek real estate has lost 7.3% of its value compared to last year, according to a survey released by the Bank of Greece. Based on revised data received from...

The number of foreign visitors in Greece was up 17 percent in the period January-May this year, exceeding 3.5 million, while tourism revenues jumped 10.6 percent compared to the same period in 2013, the Bank of Greece (BoG) said...

Greece's current account deficit dropped by 832 million euros in the January-May period this year to 2.5 billion euros, the Bank of Greece (BoG) said on Monday. In a report, the central bank said that the current account balance in May...

The Troika of Greece’s creditors managed to reach an agreement with the Greek government today, that a comprehensive 'overall solution' will be sought on the issue of debt, held by banks and the state, and social insurance funds. The meeting was attended by ministers,...

The government and Greek banks are considering a change of rules governing the operation of the Tiresias Credit Consolidation System, by introducing a more flexible system in order to stop the rising number of bad loans. In this context, authorities are examining...

In a meeting that included Government Vice-President and Foreign Minister Evangelos Venizelos, as well as Greek Finance Minister Gikas Hardouvelis on Monday, Prime Minister Antonis Samaras set the issue of accelerating privatizations. Hardouvelis went to the Prime Minister immediately after concluding a 3.5 hour-long meeting with...

Greece's recovery is not sustainable without new loans, Bank of Greece (BoG) governor Yannis Stournaras said on Thursday. Speaking at a BoG event, Stournaras underlined that Greece's recovery has not relied on bank lending so far, which was practically non-existent....

The proceeds of criminal activities against the Greek State, which roughly reach 33.8 million euros, have been deposited in a  special Bank of Greece (BoG) account, based on figures presented on Tuesday to the parliamentary standing committee on economic affairs, by Greek...

Gikas Hardouvelis, the new Greek Minister of Finance who replaced the much-criticized Yannis Stournaras in the hot seat of the office, was born in a small village in Arkadia, Peloponnese, to a poor family. He went to primary school in...