The European Central Bank (ECB) should continue its bond-buying stimulus program until at least the end of the year and keep it open to mitigate the impact of the conflict in Ukraine, ECB spokesman Giannis Sturnaras told Reuters. He was the first ECB spokesman to explain how developments in Ukraine, where fears of a full-scale […]
Tag: Bank of Greece
Greece’s central bank calls on government to accelerate reforms
On Wednesday, the Bank of Greece sent a clear signal to the government about the need for bolder and faster reforms, as strong economic growth and public debt management may be important factors, but not enough for Greece to meet the Finance Ministry’s investment target by 2023. Against this backdrop, the European Central Bank’s recent […]
The head of the Bank of Greece predicts GDP growth of more than 6% in 2021
Bank of Greece governor Yiannis Sturnaras looked even more optimistic about the future of the Greek economy than the government did in an interview with Politico on Tuesday. Sturnaras estimates that GDP growth in 2021 will exceed 6%. In fact, he predicted that the country’s GDP at the end of the year will be greater […]