Provopoulos

Former Bank of Greece governor George Provopoulos does not rule out a 4th bailout deal for Greece in the future. He said that the conditions for viable development were not present in Greece. “I consider it politically challenging, not to...

As the government tries frantically to satisfy international lenders it is making enough progress in reforms to trigger release of a delayed 8.1 billion euro ($10.6 billion) installment, Bank of Greece Governor Giorgos Provopoulos is jumping into the fray...

The National Bank of Greece has raised collects private funds of at least 1.1 billion euros, ($1.47 billion) increasing its capital without issuing contingent convertible bonds (CoCos). As newmoney.gr reports, the National Bank of Greece approached its target to cover...

Even as he sounded optimistic about a rebound for Greece's economy and growing confidence from investors who had been badly burned in a write-down of debt, Bank of Greece Governor George Provopoulos said that recovery will be slow and...

Despite tax revenues falling far short of expectations as austerity measures have cut deep into the disposable income of Greeks who have responded by curtailing spending drastically – and with a record 27 percent unemployment – Bank of Greece...

Greek officials said on Dec. 12 they need an additional 1.29 billion euros ($1.68 billion) to finish a plan to buy back 30 billion euros ($31.9 billion) because the government had to offer a higher than expected price to...

Although crushing austerity measures have hurt workers, pensioners and the poor across the board and Greece is struggling to get out from under a mountain of $430 billion in debt, the Bank of Greece nonetheless expects the economy will...

ATHENS – With the collapse of talks to form a coalition government in the wake of the May 6 stalemated elections that failed to give any party a mandate to rule, Greece has come under the temporary control of...

ATHENS – Bank of Greece Governor George Provopoulos has given another dire warning about the country’s economy, foreseeing that the Gross Domestic Product (GDP) will shrink 5 percent this year and urged whomever wins the May 6 elections to...

ATHENS – With Greece drowning in debt and most major tax evaders still on the loose – a $60 liability for the country – Bank of Greece Governor Giorgos Provopoulos has signed an act that will allow tax banks...