Bank of Greece
Stournaras: ECB must cut rates twice before August
The European Central Bank must lower borrowing costs twice before its August summer break and two more times before the end of the year, without being swayed by the US Federal Reserve, Bank of Greece chief Yannis Stournaras has said.
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Cyprus a familiar economic space for Greece
In an interview conducted by Kathimerini Cyprus' Panayiotis Rougalas, Bank of Greece Governor Yannis Stournaras shed light on various aspects of the Cypriot monetary policy and economic landscape.
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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
Stournaras: An independent central bank prevented euro exit in 2015
If the Bank of Greece were not independent, Greece might have exited the eurozone in 2015, Yannis Stournaras, then as now the central bank's governor, said Saturday.
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.
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Stournaras: ECB won’t have information to decide on interest-rate cuts until June
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."
Greece’s investment class grade signals normalcy, says Stournaras
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.
ECB praise for Greece’s banking progress
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.
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SRB, SSM chiefs in 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.
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Central bank warns on profit inflation
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.
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