Central bank

Right after the Turkish Central Bank lowered its interest rate by another 0.25, the same as last month, reporters asked Prime Minister Ahmet Davuto?lu what he thought.

 BoG governor warns that only the swift fulfillment of the agreement with the eurozone can lift uncertainty

By Sotiris Nikas

By Nikos Chrysoloras & Erik Schatzker

Greek Finance Minister Yanis Varoufakis said he's counting on the European Central Bank to help the country avert default when it runs out of money next month, while bank deposits are also starting to flow back.

Turkish President RecepTayyip Erdo?an on Feb. 25 questioned whether the Central Bank was under external influence, saying its interest rate policy was not suitable for the economy.
   

BELGRADE - The National Bank of Serbia (NBS) announced on Monday that it will launch an initiative aimed at improving the framework for resolving the issues of problematic banks, and taking action with a view to solving the issue of the high level of problematic loans.

Judging by the expectations of economists surveyed by business channel CNBC-e, rate cuts are a given at the Central Bank of Turkey?s Monetary Policy Committee (MPC) rate-setting meeting on Feb. 24.

Even though right-wing Turkish citizens have supported him ever since he started his political career more than three decades ago, President Recep Tayyip Erdo?an has never been popular with left-leaning Turks.

Turkey needs to maintain its fight against inflation until it falls below an annual rate of 5 percent for good, Finance Minister Mehmet ?im?ek said Feb. 18 in an interview on Turkish news channel CNN Türk.

He added too much talk over the Central Bank's monetary policy may cause concerns among investors.

By Yiannis Papadoyiannis

Wednesday?s meeting of the European Central Bank?s board is not expected to bring any nasty surprises for Greece in regard to the expected renewal of liquidity to Greek lenders via the Emergency Liquidity Assistance (ELA) mechanism of the Bank of Greece.

By Yiannis Papadoyiannis

The European Central Bank (ECB) has issued a terse warning to Greek banks, and particularly to the government in Athens, via its Single Supervisory Mechanism (SSM), over plans to overhaul lenders? management. In a letter to Greek banks, the SSM stressed that any changes to their management can be implemented only after receiving the SSM?s approval.