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Greece has ‘a Long Way to Go’ after Bailout, Bank of Greece Chief says

Greece still has "a long way to go," said Bank of Greece Governor Yiannis Stournaras in light of Monday's official end of the country's...

Bank of Greece Governor: Country Must Continue with Reforms

"The markets are waiting to see whether Greece will honor its commitments regarding the implementation of additional measures after the (bailout) program ends on...

Greek Economy Will See Higher Growth, Says Bank of Greece

Greece's economy will record higher growth rates under conditions in the near future, Bank of Greece governor Yannis Stournaras estimated in a Monetary Policy...

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...

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