Bank of Greece

The government figures that due to the extension of “Iraklis” Greek banks will soon have a small share of unserviced loans – under 10 percent,

The past spectacle of the government targeting the central banker should not be repeated. It is an institution that is not fertile ground for political skirmishes.

Political parties have a duty to leave the central banker’s observations out of their political game and not to target them as being the product of ulterior motives.

'The excessive reliance of fiscal consolidation on taxation creates disincentives for work and investment, while also leading to a growing informal economy,' the Interim Report on Monetary Policy states.