The Bank of Greece

Two of China's biggest banks plan to do business in Greece, the Bank of Greece, has announced. 

Specifically, the central bank informed the Development Ministry on October 31 about the establishment of branchs of a branch of Bank of China (Europe) Luxembourg. 

The branch is to be located at Mesogeion Avenue, 2, and has a launch date of November 1, the BoG said. 

A slight drop in the number of tourists visiting Greece in the first half of 2019 was more than offset by a significant rise in per capita spending, data published by the Bank of Greece show.

A significant increase in tourism revenue in the first half of the year helped Greece to reduce its current account deficit, more than the growth in imports. This is indicated by the Bank of Greece data.

The tourism revenues for the first six months of 2019, were € 5.5 billion, up by 15.3% from € 4.77 billion for the same period in 2018.

A significant increase in tourism revenue in the first half of the year has helped narrow Greece's current account deficit, more than offsetting a rise in imports, data published by the Bank of Greece show.
Revenue from tourism in the first six months of 2019 was 5.5 billion euros, up 15.3 percent from the 4.77 billion earned in the same period in 2018.

Bank of Greece Governor Yannis Stournaras said on Friday that he aims to propose the full lifting of capital controls on Greek banks.
"We consider they are no longer of use," Stournaras told journalists after meeting new Greek Prime Minister Kyriakos Mitsotakis on Friday.

Bank of Greece Governor Yannis Stournaras has called for a systemic solution to the looming problem of Greek banks' huge amount of non-performing loans (NPLs).

Bank of Greece Governor Yannis Stournaras on Tuesday sounded the alarm over the cost of social security, warning that the margins are "extremely narrow" for pensions to continue being paid out of the state budget.

Bank of Greece Governor Yannis Stournaras on Wednesday disputed the Finance Ministry's projection that there will be an overrun in the year's primary fiscal budget, and expressed his clear opposition to the handouts the government passed on the same day through Parliament and intends to continue introducing.

Greece will achieve a primary surplus of 3.5 pct of gross domestic product this year based on general government fiscal data for the first quarter of 2019, but it will be unable to exceed this target if current trends prevail over the rest of the year, Bank of Greece Governor Yannis Stournaras told the Athens-Macedonian News Agency (ANA-MPA) on Wednesday.

The Greek Parliament will have to decide whether to lift the parliamentary immunity of Alternate Health Minister Pavlos Polakis as the Supreme Court Prosecutor's Office sent to the legislature the file of the judicial probe of whether the minister surreptitiously recorded and leaked to the press his conversation with Bank of Greece Governor Yannis Stournaras.