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Bank of Greece Insists on 4.2% Economic Growth for 2021
The Bank of Greece (BoG) said on Monday that economic growth will reach 4.2 percent this year, as it had also forecast in its previous report
Worst-Case Scenario for Greece is Eight Percent Recession, Says BoG Chief
Estimates of a ten percent economic contraction this year were excessive, Bank of Greece (BoG) governor Yannis Stournaras said on Tuesday, while noting that...
PM Mitsotakis Hails Establishment of Bank of China in Greece
The European section of the Bank of China officially opened its first branch in Greece after receiving an operating license from the Bank of...
EU: Greece has Almost Half of Eurozone's Bad Loans
Non-performing bank loans (NPLs) are a constant threat to the eurozone's banking system and a new report by the European Commission shows Greek institutions...
Bank of Greece Issues Warning on Bad Loans
The banking system is still susceptible to external financial dangers, the Bank of Greece (BoG) warned in a review of the Greek financial sector...
Anonymous Boasts of Hacking Bank of Greece’s Confidential Documents
The hacking group Anonymous claimed that it hacked and released confidential documents from the servers of the Bank of Greece (BoG), and the Ministry...
Attica Bank Sells Non Performing Loans Portfolio
Non-systemic Greek lender Attica Bank has announced the sale of a non-performing loan (NPL) portfolio, a development that was approved by the Bank of...
Bank of Greece Warns About Bad Loans, Expects Rise in Deposits
Greek bank deposits are expected to rise in 2017, the Bank of Greece (BoG) said in its Financial Stability Report released on Tuesday.
In the...
ECB Lowers Emergency Funding Cap for Greek Banks to €45.3 Billion
On Thursday the Bank of Greece (BoG) announced that the European Central Bank (ECB) has lowered the emergency funding cap for Greek banks to...
2017's Low Deposit Rate Has Brought a 'Credit Negative' Event to Greek Banks, Moody's Says
Since the beginning of 2017, Greek bank deposits have been down, causing the international rating agency, Moody's, to call the first couple months of...


