BoG Gov. Stournaras: Central bank has an obligation to publicly warn about risks
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
Rubikon storms the Embassy of Austria!makis - Aug 17, 2018
An invasion of the Embassy of Austria took place at noon on Friday by the anarchist group Rubicon. In a…
Germany: We have agreed with Athens on the return of immigrants to Greecemakis - Aug 17, 2018
On Friday afternoon the spokesman of the German Ministry of the Interior announced an agreement with the Greek government regarding…