The Bank of Greece

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TELL

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BANK OF GREECE

ATHEX: Rebound for index above 1,400 points

The Greek stock market rebounded on Monday, following last week's decline, with most stocks securing significant gains, led by banks.

As a result the benchmark regained the 1,400-point level, ending the day not far from the session's high. The report by the Bank of Greece, which undercut the government's growth estimate, did not seem to affect the mood of the market.

Stournaras: Bank of Greece prevented Grexit in 2015

If the Bank of Greece did not operate under the protection of the institutional framework of independence, after what happened in 2015, the country would have perhaps left the eurozone, Bank of Greece (BoG) Governor Yannis Stournaras said on Saturday during a Kathimerini conference on a panel titled "In the next 50 years, is democracy safe?" Is Greece reformable?" "Who doubts that if it wasn't

Banks of Greece, Cyprus to sign coop memorandum

Greek central banker Yannis Stournaras is to sign a memorandum of cooperation between the Bank of Greece and the Central Bank of Cyprus on Friday.

To this end, Stournaras will visit Cyprus at the invitation of the governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, accompanied by the deputy governor of the Bank of Greece, Christina Papakonstantinou.

Online scams growing exponentially

Experts are sounding the alarm as online fraud in Greece quadrupled between 2018 and 2023. According to the Cybercrime Unit, 5,261 incidents were recorded last year, up from 1,093 in 2018. The recruitment of artificial intelligence is further worrying experts as now perpetrators can create more believable messages.

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