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BoG head: Part of the 11.5 bln euros of HSFS as last resort credit line

"The fact that the European Central Bank's (ECB) stress tests showed that Greek systemic banks do not lack capital gives the Greek economy the opportunity to make use of the 11.5 billion euros of the Hellenic Financial Stability Fund (HFSF) with greater ease and flexibility," said on Wednesday Bank of Greece (BoG) governor Yannis Stournaras to newspaper "Ta Nea".

  • Published in Economy

Olympiacos loses to Juventus

Juventus scored twice in as many minutes after the hour mark as they recovered from 2-1 down to defeat Olympiacos FC in UEFA Champions League Group A.

  • Published in Sports

Bumper crop for Greek olive oil

Olive oil production is expected to surpass 300,000 tonnes during this year's crop, recovering from a low 135,000 tonnes last year - one of the worst years for the sector - according to estimates made by the Agricultural Development Ministry on Wednesday.

  • Published in Greece
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