Bank of Greece
Economy
Private Sector Bank Deposits Up for Second Month in a Row
Greek private sector bank deposits increased slightly in November, rising for a second month in a row, Bank of Greece data showed on Friday, with balances remaining at 14-year lows.
Business and household deposits rose to 123.87 billion euros ($148.47...
Economy
Central Bank Proposes Post-Bailout Support Programme for Greece
Bank of Greece governor Yannis Stournaras, is worried about a potential gap in Greece's funding after the country's apparent exit from the existing bailout programme.
The bank published a report on Thursday, saying that the country's foreign creditors need to...
Greece
Average Spending per Tourist in Greece Half than That in Spain
Data released this week by the Bank of Greece indicates that average spending per tourist on holiday in Greece over the first nine months of 2017 dropped to 536.3 euros.
The figure is almost half of the amount spent by...
Economy
Tourist Arrivals in Greece Increased in First 8 Months of 2017
The Greek economy may still be in recession mode, but its largest industry; the tourism sector, is in a constant rise and had exhibited a spike in the first eight months of the year.
According to official data from the...
Economy
Bank of Greece Chief: Economy on a Growth Track
The Greek economy is on a steady upward trajectory, but there is no room for complacency or a relaxation of efforts, Bank of Greece Governor Yannis Stournaras said on Thursday evening, at an event organized by the British Hellenic...
Crime
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 of Interior.
Thousands of documents are available for download on the group’s page on Facebook. They...
Greece
Anonymous Greece Take Down Bank of Greece Web Page
The threats of Anonymous Greece turned out to be true as they took down the web page of the Bank of Greece on Saturday.
The new target of the infamous hackers is the main page of the Independent Authority for...
Greece
Reuters: Piraeus Bank CEO says Central Bank Audit Findings 'Firmly Behind Us'
Piraeus Bank has rectified internal control deficiencies that emerged in a recent central bank audit, the chief executive of Greece's largest lender said on Thursday.
"The Bank of Greece inquiry is an issue that has already been dealt with in...
Economy
Greece's Account Surplus Drops in June, But Tourism Revenues are Up
Greek current account surplus shrank in June, but tourism revenues were up, according to a Bank of Greece report released on Monday.
The shrinking is the result of a trade gap and a deficit in primary income balance.
Specifically, account surplus was...
Economy
Stournaras Blames Dysfunctional Institutions and Populism for the Crisis
Despite great progress, Greek institutions are lagging behind the rest of Europe, notes the Governor of the Bank of Greece, Yiannis Stournaras.
In an interview with the chairman and CEO of Accenture Greece, Kyriakos Sabatakakis, Stournaras says: "Greeks working abroad...


