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Athens Macedonian News Agency: News in English, 13-01-31

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] NBG chief optimistic on banking system recovery

  • [01] NBG chief optimistic on banking system recovery

    AMNA -- National Bank of Greece (NBG) president George Zannias expressed reserved optimism for a recovery of the tranquility and liquidity of the Greek banking system, which will enable it to contribute to the country's growth efforts, during a meeting with President of the Republic Karolos Papoulias on Thursday.

    "Tahoma","sans-serif";mso-fareast-font-family:"Times New Roman";color:#0F1419; Asked by the President how the banks are doing, Zannias replied that deposits are returning to the Greek credit institutions, while recapitalization is progressing and the economic climate was gradually changing.amna

    "Tahoma","sans-serif";mso-fareast-font-family:"Times New Roman";color:#0F1419; The banks, he added, would "soon enter the heart of the country's growth effort".

    "Tahoma","sans-serif";mso-fareast-font-family:"Times New Roman";color:#0F1419; Papoulias said he anticipated that major projects, which together with related works, are expected to employ up to 100,000 people, would be set in motion soon.amna

    mso-fareast-font-family:"Times New Roman";color:#0F1419;mso-ansi-language:EN-US; Zannias noted that capital was gradually flowing into Greece, in cash for the time being, while the spread government bonds has now fallen to 850-900 points, from 3,000 points in July 2012, while the Athens Stock Exchange index was now over 1,000 points.

    Athens News Agency: News in English Directory - Previous Article - Next Article
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