Bank of Greece

The Bank of Greece announced today the current accounts deficit in January dropped by 19 million euros to a total of 295 million euros. According to the bank...

According to the Bank of Greece’s 2013 stress test findings that were published on Thursday, the Greek banking sector will require 6.382 billion euros in capital...

The Bank of Greece will publish the results of the stress tests it has carried out, despite its disagreement with the International Monetary Foundation over the ...

The Governor of the Bank of Greece Giorgos Provopoulos is expected to meet with the heads of the troika either on Tuesday afternoon or early on Wednesday ...

The Governor of the Bank of Greece Giorgos Provopoulos announced that the results of the stress tests for Greek banks would be published...

The Governor of the Bank of Greece Giorgos Provopoulos gave a speech at the 81st annual meeting of the bank’s shareholders, where he expressed his estimation that...

After the positive announcements regarding the lower-than-expected rate of recession for 2013 (3.5% instead of 4.2%), the Bank of Greece announced today a 1.2 billion euro surplus in the current account balance, for the first time since 1948 (when the Bank began documenting it). This development marks a significant improvement from the 4.6 billion euro […]

The Governor of the Bank of Greece Giorgos Provopoulos gave a lecture on the Greek financial crisis at the Official Monetary and Financial Institutions Forum based in London. According to Mr. Provopoulos, the sacrifices of the Greek people are starting to “pay off” and that Greece is about to return to growth. The central banker […]

This morning the Governor of the Bank of Greece Giorgos Provopoulos and journalist Yannis Pretenteris received envelopes containing bullets and threats signed by “Populist Punishers” at their offices at the Bank of Greece and Mega Channel respectively. Staff members of the Governor’s office contacted the counter-terrorism police, as soon as contents of the envelope addressed […]

The Minister of Finances Yannis Stournaras is rumored to be considering the next phase of his career as Governor of the Bank of Greece, as Prime Minister Antonis Samaras considers a cabinet reshuffle in May. The Prime Minister is also rumored to have chosen his personal consultant Stavros Papastavrou as the new Finance Minister. To […]

According to the data published by the Bank of Greece, the deposits in Greek banks increased in November after many consecutive months of decline. The Bank of Greece reported that deposits amounted to 161.04 billion euros in November, compared to 160.38 billion euros in October, marking a 660 million euro increase. Analysts were quick to […]

The Bank of Greece estimates that after six consecutive years of recession Greece is ready to return to growth in 2014. The Bank Governor Giorgos Provopoulos will present his report to the President of Parliament Evangelos Meimarakis on Tuesday morning. According to the report, it is imperative that the reforms and structural changes continue, although […]