Central Bank

The central bank of Greece cut its projection for growth in 2022 to 3.8% from a previous projection of 4.8% it announced on Thursday. The head of the central bank, Yannis Stournaras, told the bank's annual meeting of shareholders that...

Central bank money has been showered, via private bankers, on the ultra-rich, while everyone else suffers stagnation and austerity. The time for change is now, and the way to do it is by creating central-bank cryptocurrency.

Constantinos Herodotou was appointed on Tuesday to the position of Director of the Central Bank of Cyprus. The President of the Republic Nicos Anastasiades signed Herodotou's appointment in a ceremony which took place at the presidential palace of Cyprus in...

Τhe Bank of Greece on Thursday presented a plan to reduce Greek banks' non-performing loans by up to 47 percent. Greek banks currently hold the highest level of such loans in Europe. The non-performing loans are a huge burden for banks...

Cyprus' bank deposits increased in July this year for the fourth consecutive month, data released by the country's central bank showed on Friday. Total deposits in July recorded a net increase of 269 million euros, compared with a net...

Bank of Greece Governor Yiannis Stournaras said that capital controls will be lifted if a deal is made at the Eurogroup on May 24. He said that an agreement between Greece and its creditors would herald an end to...

Greek central government cash balance recorded a surplus of 524 million euros in the first three months of 2016, compared to a deficit of 918 million in the same period in 2015, the Bank of Greece said on Wednesday. The...

Greek business and household bank deposits were steady in March despite worries the Cypriot banking crisis would lead to outflows in other indebted southern European economies, central bank data showed on Friday. Bank of Greece data showed deposits slightly rose...