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Bloomberg: 'Central Bank of Greece To Cut Bad Debts of Banks in Half'

  The Central Bank of Greece is working on a plan to cut in half all the bad debts that burden  Greek banks, according to...

Greece has 'a Long Way to Go' after Bailout, Bank of Greece Chief says

Greece still has "a long way to go," said Bank of Greece Governor Yiannis Stournaras in light of Monday's official end of the country's...

Bank of Greece Governor: Country Must Continue with Reforms

"The markets are waiting to see whether Greece will honor its commitments regarding the implementation of additional measures after the (bailout) program ends on...

Bomber Gets Life Sentence for 2014 Bank of Greece Attack

Panagiota (Pola) Roupa, a leading member of Greek ultra-left group Revolutionary Struggle, was given a life term plus 25 years in prison on Wednesday...

Bank of Greece Says Bad Loans Declined in 2017

Non-performing loans (NPLs) fell in 2017 and credit risk is down compared with previous quarters, but a further decline will depend on developments in Greece's...

Bank of Greece Head Says Post-Bailout Credit Line Needed

There is a need for a precautionary credit line for Greece after the end of the bailout program in August, said Bank of Greece...

Bank of Greece Chief Insists on Precautionaly Credit Line after Bailout Program

Bank of Greece governor Yiannis Stournaras on Saturday stressed the need for a precautionary credit line after the end of the European Stability Mechanism...

Lawmakers Drop Audit of Bank of Greece Governor's Assets

The audit case of Bank of Greece governor Yannis Stournaras' source-of-wealth declarations has been shelved, the Greek parliament's Review Committee on Asset Statements revealed...

Bank of Greece Chief: They Try to Destroy Me

"They try to destroy me with obvious lies and anonymous witnesses," said Bank of Greece Governor Yiannis Stournaras after allegations of his involvement in...

National Bank of Greece Ends Need for European Aid

The National Bank of Greece (NBG) is the first Greek bank to have entirely eliminated its dependency on the European Central Bank's Emergency Liquidity...