Bank of Greece

By Yiannis Papadoyiannis

Greek banks are suffering from fresh turbulence due to the tension and the apparent collision course between Athens and its creditors. Bank stocks gave up more than 8 percent of their value on Wednesday, while the outflow of deposits was far greater than on previous days.

 Social security funds reluctant to help out

By Sotiris Nikas & Roula Salourou

The government has called on major public corporations, including utilities, to invest their cash reserves in state debt, along the lines of the proposal made to social security funds and other state entities.

Payments on a swap originally arranged by Goldman Sachs Group Inc in 2001 are due on Friday, said a person familiar with the matter who asked not to be identified publicly.

The derivative, now held by the National Bank of Greece, masked the country?s growing debt, helping it meet European Union rules for entering the euro area.

By Nikos Chrysoloras, Vassilis Karamanis & Christos Ziotis

Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments Friday.

The government will on Tuesday begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros in debt payments on Friday.

 Fiscal gap at 3.3 bln euros if primary surplus target is kept at 3 pct, and at 1.2 bln if it drops to 1.5 pct

By Sotiris Nikas

Greece has slipped back into deficit so far this year, according to figures from the Bank of Greece. But the country's left-wing Prime Minister Alexis Tsipras ruled out any difficulties in making payments for public sector workers' salaries or state-backed pensions.

The Greek state is not facing a cash shortage, Prime Minister Alexis Tsipras insisted Sunday as his government braced for another week of pressing debt repayments.

"There is absolutely no problem with liquidity," Tsipras told reporters after a meeting Finance Minister Yanis Varoufakis.

 Greek people?s sacrifices in previous years are now in danger of going to waste, says Yannis Stournaras

By Yiannis Papadoyiannis

Uncertainty threatens to derail the Greek economy and even negate the huge sacrifices made by the Greek people in the previous years, said Yannis Stournaras, the BoG Governor, addressing a conference organized by the Bank of Greece on real estate market.