bank of greece

Stournaras pins hopes on EU funding to boost GDP, battle recession

The governor of the Bank of Greece said that the country's GDP will be boosted by 1.9 pct each year from the use of the 30.2 billion euros of EU funds earmarked for Greece.

22/09/2020 22:13

English edition

Coronavirus infects Greek real economy

Net revenues from the state budget amounted to 14.1bn euros, a 1.34bn shortfall (8.7 percentage points as compared to the 2020 budget projection) and that is due to the impact of the lockdown and subsequent issues.

28/05/2020 13:29

English edition

Editorial Ta Nea: Trust

Certain political forces must understand at long last the role of the Central Bank, the degree of independence from political power that it enjoys, and to whom it must offer an accounting.

13/05/2020 23:42

uncategorized

Government, Bank of Greece strive to protect banking sector from economic tempest

Yannis Stournaras is in constant contact with the ECB in Frankfurt as part of an effort to make sure 10bn euros are available to prop up Greek banks.

20/04/2020 23:47

English edition

Mitsotakis, Stournaras discuss NPLs, primary surplus, capital controls

Apparently alluding to Mitsotakis’ stated hope of persuading creditors to lower the primary surplus target, he said that Greece needs more fiscal space in order to implement structural reforms and achieve a higher growth rate.

12/07/2019 17:45

English edition

Editorial Ta Nea: Reminder

The warnings that the Bank of Greece issues due to its institutional role should be viewed as necessary, and not as hostile acts as the government viewed them over the last four years.

02/07/2019 17:15