The yield on the 10-year bond fell below 1%
In the domestic market, the yield on the 10-year bond fell and stabilized below 1%.
- Published in Greece
Gov't proposes renewal of Stournaras' term heading the Bank of Greece
The government, taking into account the independence and charter of the Bank of Greece, is proposing the renewal of the term of current governor Yannis Stournaras, said government spokesperson Stelios Petsas in an announcement on Tuesday.
- Published in Greece
Greek economy to contract by 4.0 pct under base scenario, BoG governor says
Estimates of a 10 pct economic contraction this year were excessive, Bank of Greece governor Yannis Stournaras said on Tuesday, and noted he expected the country’s GDP to shrink by 8.0 pct under the worst-case scenario.
- Published in Economy