Bank of Greece

Finance Minister Euclid Tsakalotos will be the keynote speaker at an Economist conference in Frankfurt on Wednesday titled "Greece: A Comeback to the Financial Markets?"

Also addressing the conference will be Alternate Economy Minister Alexis Haritsis, Bank of Greece Governor Yannis Stournaras and his fellow ECB Executive Board member Benoit Coeure.

Greece has done everything it was required to do and it is now the turn of Greece’s partners, especially the Eurogroup, to assume their responsibilities, Bank of Greece governor Yannis Stournaras said in an article published by the Greek newspaper “Kathimerini” on Sunday.

For Greece, last week was a bad week. First, the government could not secure an agreement on a relief of its huge debt in a meeting with finance ministers of the Eurozone and the IMF on May 22.

As the Greek Police's counterterrorism department on Friday examined the remains of a letter bomb that detonated in the hands of former premier Lucas Papademos on Thursday, it remained unclear how the letter came into Papademos's hands while there were indications of security lapses.

Former Greek prime minister Lucas Papademos and two other people were hurt after he opened a letter bomb while in his car in central Athens. 

Papademos reportedly suffered injuries to his hands and legs after opening the parcel.

He was transferred to Evangelismos hospital along with his driver and a body guard who were also injured.

Entrepreneurs with debts to the state and the banks will as of August 5 be able to apply to settle their arrears under the so-called extrajudicial mechanism, while according to the deputy governor of the Bank of Greece, Theodoros Mitrakos, online property auctions will be in full swing by late August.

The Athens Court of First Instance on Thursday brought criminal charges of breach of faith against the former governor of the Bank of Greece, Giorgos Provopoulos, and the former chairman of Piraeus Bank, Michalis Sallas, after a probe allegedly found them responsible for losses suffered by social insurance funds ahead of the country's economic crisis.

The government's biggest problem is its lack of credibility, which is also the case for the country itself. We've paid dearly for this and there is not a single good reason for us to continue digging ourselves deeper into the hole.

Interior Minister Panos Skourletis on Monday accused Greece's creditrors of going back on agreements on PPC and downgrading the power board because they want to sell it off on the cheap.

Interior Minister Panos Skourletis on Monday accused Greece's creditrors of going back on agreements on PPC and downgrading the power board because they want to sell it off on the cheap.