BoG Gov. Stournaras: Central bank has an obligation to publicly warn about risks

17 January 2018
230 Views

Influential Bank of Greece (BoG) Gov. Yannis Stournaras on Tuesday reiterated that the country’s central bank has an obligation to warn, in a timely and public manner, of possible risks that may disrupt the monetary and credit stability in the country.

Stournaras, a former finance minister in a government preceding the current leftist-rightist coalition, has never been popular with the Tsipras government or leftist SYRIZA party, although the BoG’s eurozone-mandated autonomous status affords him heightened independence.

Speaking a customary after-New Year’s event, Stournaras said Greece’s central bank has often been the target of “vested interests” that aim to weaken its institutional role to the benefit of policies “opposed to the basic principles of its charter”.

As such, he cited the terrorist mail-bomb attack against former prime minister and BoG gov. Lucas Papademos, among others.

You may be interested

Lotto results: Saturday 26 May 2018
GREECE
shares56 views
GREECE
shares56 views

Lotto results: Saturday 26 May 2018

Panos - May 26, 2018

The winning numbers from the Lotto draw on Wednesday 23 May are as follows:

Turkey blasts Greece over decision to grant asylum to 8 Turkish officers
GREECE
shares54 views
GREECE
shares54 views

Turkey blasts Greece over decision to grant asylum to 8 Turkish officers

makis - May 25, 2018

The Turkish Foreign Ministry’s spokesman described the decision by the Greek legal system to grant asylum to the eight Turkish…

Moving moments as Pontian Greeks sing at Harry Klynn’s funeral
GREECE
shares62 views
GREECE
shares62 views

Moving moments as Pontian Greeks sing at Harry Klynn’s funeral

makis - May 25, 2018

Greek comedian Vassilis Triantafyllidis, known by his stage name “Harry Klynn”, was laid to rest in Kalamaria at the Church…

Leave a Comment

Your email address will not be published.