Bank of Greece report optimistic that banking sector has ‘weathered the storm’

bank-of-greece

The Bank of Greece has struck a hopeful note in its Report on Monetary Policy for 2012–13, pointing to signs that growth may soon return, but also urging the government to stick to its reform programme.

"The Greek banking system has weathered the storm and proved resilient to the severe crisis," the central bank said, adding that twin – fiscal and external – deficits have declined "considerably" and the country's stabilisation programme "is judged to be well on track".

The Bank of Greece said an

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: