Yannis Stournaras

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.

The European Central Bank won't have enough information to decide on interest-rate cuts until June, even as inflation seems to be on track to reach the 2% target this year, Bank of Greece chief Yannis Stournaras has said.

Speaking to Bloomberg, he said that the "recent set of data suggests we will reach 2% in the autumn of this year."

Greek President Katerina Sakellaropoulou, Prime Minister Kyriakos Mitsotakis, President of the Parliament Konstantinos Tasoulas and ministers toured the Bank of Greece's vault which was recently upgraded with new security systems, as guests of its governor, Yannis Stournaras. The vault stores 71 of the 151 tons of Greece's gold.

The Bank of Greece is preparing to sound the alarm on the issue of prices, presenting a study that will highlight the reasons why Greece is more expensive than its peers in a range of products, including supermarket items.

Bank of Greece Governor Yannis Stournaras has told Kathimerini he expects the European Central Bank to start reducing interest rates this summer, as inflation is easing much faster than expected.

Greece's return to investment grade in 2023 signals a return to normalcy and marks the start of a new effort to raise the prosperity level of the Greek people, Bank of Greece Governor Yannis Stournaras said on Monday at a bank event.

The European Central Bank's Supervisory Board (SSM) Chair Claudia Buch acknowledged the progress made by the Greek banking sector during her two-day visit along with Single Resolution Board Chair Dominique Laboureix to Athens.

The chairs of the Single Resolution Board (SRB) Dominique Laboureix and the Supervisory Board of the European Central Bank (SSM) Claudia Buch are in Athens on a two-day visit on Thursday and Friday.

The heads of the two European institutions met on Thursday with Bank of Greece Governor Yannis Stournaras and top executives of the BoG.

Addressing the phenomena of "profit inflation" and tax evasion, as well as the acceleration of the absorption of European resources and of course the reduction of public debt, are matters at the forefront of Bank of Greece Governor Yannis Stournaras' policy proposals in the Interim Monetary Policy Report he presented on Wednesday.

Migrants are essential to filling the labor and skills gap in the domestic labor market, the governor of the Bank of Greece Yannis Stournaras has said.

Speaking at the 2nd MD Forum in Athens, Stournaras noted that Greece faces significant labor shortages in key sectors of the economy, such as tourism, agricultural production, industry and construction, and many jobs remain vacant.