Bank of Greece

The Bank of Greece is, with the Bank of England and the European Central Bank, at the forefront of the battle to tackle climate change through the promotion of sustainable finance, according to the London-based Official Monetary and Financial Institutions Forum.

Bank of Greece chief Yannis Stournaras announced on Friday that he will propose the immediate lifting of all remaining capital controls, more than four years after restrictions were imposed by the previous government.

Bank of Greece Governor Yannis Stournaras has announced that the central bank will propose the full lifting of capital controls which were imposed in June, 2015, when Greece's second bailout memorandum had ended and the the Tsipras government was still refusing to sign a new memorandum with creditors and EU partners.

Bank of Greece Governor Yannis Stournaras said on Friday that he aims to propose the full lifting of capital controls on Greek banks.
"We consider they are no longer of use," Stournaras told journalists after meeting new Greek Prime Minister Kyriakos Mitsotakis on Friday.

Investor confidence in Greece will only strengthen with the promotion of reforms, the safeguarding of fiscal stability and the adoption of a more growth-friendly economic policy mix, Bank of Greece Governor Yannis Stournaras argues in his monetary policy report published on Monday as a blueprint for the next government.

Greece is on its way to fully lifting remaining restrictions on capital transfers this year, the governor of the country's central bank said on Tuesday.

Bank of Greece Governor Yannis Stournaras has called for a systemic solution to the looming problem of Greek banks' huge amount of non-performing loans (NPLs).

One day after Greece's Parliament approved some 1 billion euros in pension handouts and other relief measures ahead of European and local elections next weekend, the country's central bank governor warned that the package jeopardized the budget target agreed with foreign lenders.

Bank of Greece Governor Yannis Stournaras on Wednesday disputed the Finance Ministry's projection that there will be an overrun in the year's primary fiscal budget, and expressed his clear opposition to the handouts the government passed on the same day through Parliament and intends to continue introducing.

Greece will achieve a primary surplus of 3.5 pct of gross domestic product this year based on general government fiscal data for the first quarter of 2019, but it will be unable to exceed this target if current trends prevail over the rest of the year, Bank of Greece Governor Yannis Stournaras told the Athens-Macedonian News Agency (ANA-MPA) on Wednesday.