Tag Archives: BoG

The European Central Bank (ECB) should continue its bond-buying stimulus programme at least until the end of the year and keep it open-ended to cushion the fallout from any conflict in Ukraine, ECB policymaker Yannis Stournaras told Reuters. He was the first ECB official to spell out how events in …

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Reforming the tax system is imperative to avoid upsetting fiscal balance in the post-pandemic period, Bank of Greece’s governor Yannis Stournaras said on Wednesday, addressing the Academy of Taxation and Accounting of the European Organization of Civil Law. In his speech, the central banker said it is necessary to change …

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“Greek economy is gradually returning to normality,” the governor of  Bank of Greece, Yannis Stournaras, said on Tuesday. Briefing the Parliament about the BoG interim report on Monetary Policy 2019. Among others, he stressed the need to deal with the high rates of non-performing loans and to reduce the primary …

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In September 2019, the annual growth rate of total credit extended to the domestic economy stood at -0.9% from -0.7% in the previous month, while the monthly net flow was positive at €182 million, compared with a negative net flow of €555 million in the previous month. The annual growth …

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We have a lovely expression in Greek: περσινά ξινά σταφύλια literally translated into “last year’s sour grapes.” We use it to declare that something we hear or learn we have been known already. The governor of Bank of Greece, Yannis Stournaras, apparently has run out of points of criticism to …

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The Bank of Greece has recommended to the government that it fully dismantle capital controls in September or October, a bold move to swiftly reverse emergency steps taken four years ago to protect the country’s banks during its financial crisis, Reuters report citing a senior official in an exclusive interview. …

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The former governor of the Bank of Greece, Giorgos Provopoulos dropped a small bomb just there in front of the members of the Parliamentary committee investigating bank loans to media and political parties. Responding to relevant questions posed by committee members, Provopoulos said that the third recapitalization of banks in …

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The chief prosecution for corruption in Athens ordered the search of the home of the governor of Bank of Greece, Yannis Stournaras, in a judicial case that involves his spouse, Stavroula Nikolopoulou. Investigators have reportedly seized documents and electronic files in connection with his spouse’s company, a consulting and advertising …

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