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NYT: Judicial Inquiry on George Provopoulos Case

NYT newspaper has cited an article dedicated to the judicial inquiry conducted against the Governor of the Bank of Greece, George Provopoulos, now being examined for having abused his position in a bank agreement. The article refers to a large...

Former Greek Central Banker Provopoulos Says Crisis Could Have Ended in 2.5 Years

Former Bank of Greece governor George Provopoulos spoke to the Greek Parliament's executive committee regarding loans taken by political parties and the media in Greece. He referred to unsound political choices following the 2010 bailout that led to the GDP...

Provopoulos Repeats Greek Recovery Coming

Bank of Greece chief George Provopoulos, who has predicted an economic recovery for the past few years, now says it looks like it's really going to happen and he'd like to keep his job for a second term. "The prospect...

Provopoulos Again Sees Greek Recovery, Cites Reforms Progress

Bank of Greece Governor George Provopoulos, as he has every year for the past few years, said the country's economy is on the road to recovery, telling an audience at a London think tank meeting that it's because of...

Provopoulos Says Recovery "Fragile"

Bank of Greece Governor George Provopoulos, presenting an interim monetary policy program report to Parliament on Dec. 17, forecast a recovery but warned it could be undermined by political in-fighting and if the government raises taxes again on the...

Provopoulos Says Confidence In Greece Back

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...

Provopoulos Says Greek Deposits Safe

With media speculation that the apparently abandoned proposed merger of National Bank of Greece and Eurobank could lead to the government going after bank deposits as Cyprus did, the head of the central bank, George Provopoulos, reiterated that all...

Provopoulos: Greek Banks May Not Need All of EU/IMF Aid

Greek banks hard-hit by the country's debt swap might not need all the aid earmarked by the EU and IMF to help them weather the crisis, central bank chief George Provopoulos was quoted as saying on Saturday. The European Union...

Provopoulos: Timely Lessons on the Eurozone Crisis

In an article in the Financial Times, Georgeo Provopoulos, the governor of the Bank of Greece, states that "Greece has undertaken painful adjustments and made progress in solving its problems, but the goals it is striving to achieve are...

Provopoulos Says Return to Drachma Would Be Hell

Greece would suffer disastrous consequences if it ditched the euro for the drachma, the country's central banker said in a newspaper interview, warning that such a move would result in a massive devaluation. "A return to the drachma would mean...

Greece Must Push Reforms or Face Dramatic Fallout:Provopoulos

George Provopoulos sad that Greece must implement the agreed reforms, or there will be dramatic consequences. In an interview with Sunday Real News the governor of the Bank of Greece explained: "We need to proceed quickly with a substantial...

Bank of Greece's Governor Provopoulos States: "Memorandum is the Only Solution''

The governor of the Bank of Greece, George Provopoulos stressed in an interview, the need to engage with political and social forces, making clear that there are no alternative solutions except for a memorandum. "Having hallucinations about the whole situation undermines the commitment of Greek society to the...

Provopoulos: 2011 Will Be A Year Of Mergers For Greek Banks

The governor of Greek Central Bank said on Thursday that he expects consolidation moves in the country΄s banking sector to take place this year, according to Reuters. "(Greek) banks are in a difficult phase because of the fiscal crisis. 2011...

Central Bank Governor Provopoulos Doesn't Want Debt Restructure

According to a statement by Greek Central Bank Governor George Provopoulos to Kathimerini newspaper, Greece doesn’t need to restructure its debt to reduce its deficit.  He feels that the social and economic cost of restructuring would be great. He also said that...

Greek Man Arrested for Mailing Bullets to Politicians

Greek counter-terrorist officers arrested a 55-year-old man on suspicion of sending bullets and threatening letters to ministers, lawmakers, bank governors and Muslim associations. According to police sources, the man is a former police officer discharged from the service in 2011. He...