Deposits placed by the general government in In December 2023 decreased by 1.060 billion euros, compared with a decrease of 27 million euros in the previous month

Central banker underscored the significance of leveraging available European funds, particularly the Recovery and Resilience Facility (RRF) in strategic sectors of the economy

For the 11-month term January-November of 2023 it recorded a surplus of €17.895,5 million, the data revealed

The BoG Governor spoke at an annual New Year’s cake-cutting event at the central bank’s headquarters in downtown Athens

This figure represents a 12.5% increase in revenues compared to the respective period in the previous year which also marked a record (€17.88 billion).

De-investment in Greece’s four systemic banks by the Hellenic Financial Stability Fund (HFSF) through public offerings and greater prospects by the local banking sector in financing “real economy” needs was also discussed

The data revealed the economic strain Greek households and businesses are under due to the high cost of living in the country

Addressing inflation requires businesses to control markups, the report points out, and authorities to intensify short-term controls against profiteering and oligopolistic practices

Greece’s influential central banker, Bank of Greece (BoG) Governor Yannis Stournaras, has once again warned publicly against the enacting of too many tax breaks in the country, while also cautioning about the size of the country’s public debt. He was speaking last week at the annual OT Forum in Athens. The head of the independent […]

n his opening statement, BoG Gov. Yannis Stournaras stressed that “…During these past years, humanity faced multiple challenges that affected geopolitical, financial and social stability, with climate change emerging as the most important challenge of our time."

Greek central banker says tax breaks should be reconsidered – a standing policy plank of current Mitsotakis government.