Greece

Greek police arrested on Tuesday a 47-year-old suspect who was posing as a doctor. He is thought of being responsible for at least three deaths during the time he pretended to be a physician. Police accuse the man of persuading...

Estimates of a ten percent economic contraction this year were excessive, Bank of Greece (BoG) governor Yannis Stournaras said on Tuesday, while noting that he still expected the country’s GDP to shrink by 8.0 percent under the worst-case scenario. Speaking...

Bank of Greece (BoG) governor Yannis Stournaras in an interview with Greece's 'Parapolitika' newspaper on Saturday stressed the need to shield the Greek economy against international turmoil. "The international economic climate is not so friendly as some believe," Stournaras noted,...

Greece's Prime Minister Alexis Tsipras, in an opening statement at SYRIZA's central committee on Saturday, said that ''it is best for all of us who have responsibilities for this country to learn to work harder, be more effective and...

Climate change will cost the Greek economy €701 billion cumulatively by 2100, Bank of Greece governor Yiannis Stournaras said on Monday during a conference on sustainable development. According to an analysis that quantifies and classifies the expected climatic risks for...

High tax rates are a danger to economic activity in the country, Yannis Stournaras, the Bank of Greece's governor said on Tuesday. In a speech at the Greek Shipowners' Union, the central banker said that, despite positive estimates over the...

Greece’s influential central banker was quoted on Sunday as saying that the IMF should not be persuaded otherwise if it wants to exit the Greek program, fueling speculation ahead of negotiations aimed to conclude the third review of the...

Bank of Greece governor Yiannis Stournaras underlined the significant progress of the Greek economy since 2010 and the correction of the imbalances. Stournaras was addressing on Wednesday an Economist conference held in Frankfurt. "It is a unique progress without precedent in...

  The latest reports from the Bank of Greece (BoG) show that deposits have declined by more than 2.4 billion euros in the first four months of the year, while April's data shows it was the second month of credit expansion. In...

The number of inbound visitors in Greece grew 2.6 pct in the first two months of 2017 totaling 444,000 tourists, compared with the same period last year, although travel receipts fell 2.7 pct over the same period to 310...

The Bank of Greece (BoG) recently released data showing that the amount of state debt that Greece generates is mounting to figures that it is unable to pay off. Despite the increase in taxes and new higher social security contributions,...

Travel receipts in 2016 totaled 13.207 billion euros, or 6.5 pct lower than the previous year, in spite of 7.5 pct increase in tourist arrivals, according to a Bank of Greece report on the travel services' balance in 2016. The...

Journalist and publisher Costas Vaxevanis turned himself in to Greek police on Monday after Stavroula Nikolopoulou, spouse of BoG Governor Yannis Stournaras, filed a law suit against him on Monday over an article in his Documento newspaper, that accuses...

Greece's current pension system is bankrupt and in need of reforms, such as raising the age of retirement to 70, said Bank of Greece Governor Yiannis Stournaras on Thursday. Speaking during an Economist conference on private insurance, Stournaras said that,...

Governor of the Bank of Greece Yannis Stournaras has once again requested the immediate completion of the second evaluation, warning that delays bring into question "every single goal this year -- development, fiscal and financial." This could be considered the...