Bank of Greece

Extra 1.2 bln in ELA for Greek banks seen as just covering outflows

By Yiannis Papadoyiannis

The governing council of the European Central Bank on Thursday stuck to the pattern established in previous weeks as it marginally expanded ? by 1.2 billion euros ? the cash available to Greek lenders in emergency liquidity assistance (ELA) via the Bank of Greece, as they struggle to cope with the continued deposits outflow.

Tourism growth at 23 pct in 2014

By Stathis Kousounis

Foreign tourism arrivals rose a remarkable 23 percent in 2014 compared to the previous year to reach a record 22 million, not including cruise visitors, according to the Bank of Greece?s annual border survey that the Hellenic Statistical Authority published on Tuesday.

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