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Greek Bank Chief Defends Stress Tests

Bank of Greece chief George Provopoulos said a stress test conducted on the country's four ailing major banks deliberately was conservative on how much...

Bank of Greece: 2013 Might Be the Last Year of Recession

According to the Governor of the Bank of Greece George Provopoulos, speaking at the Annual Ordinary General Meeting of Shareholders, there are great chances...

BoG, Troika Likely to Meet Again Next Week

A meeting between Bank of Greece governor, George Provopoulos and the troika to discuss the additional capital needed by Greece ’s four systemic banks...

Greece Presses Postbank Prosecution

The Greek government said it continues to crack down on corruption by arresting financial officers, businessmen and their associates in the latest scandal involving...

Greek Banks May Need More Cash

While insisting the economy shows all the signs of recovering - as he has previously said the last several years only to be proved...

Hatzidaki-Barnier: Priorities for Greek Presidency 2014

The main topic of conversation during a meeting between the Minister of Development and Competitiveness, Kostis Hatzidakis, and European Commissioner of Internal Market and...

Greece’s Central Bank Chief: Banks Are Well Capitalised

Greece's lenders have enough bailout funds to cover any bad loans that may blight balance sheets in the future, according to the country's central...

Maclean’s Refers to the Prospects of Greece

The weekly political magazine Maclean’s published a two-page article entitled, Europe is back, which makes a positive reference to the prospects of the EU,...

BOG Governor Wants Tourism Expanded

 “Greek tourisn can contribute to the development, however, it has to reduce its seasonal nature,” stated the Governor of the Bank of Greece George...