Central Banker Says Greek Banking System Is Shielded; Expresses Positivity about Economy

Bank of Greece governor Yiannis Stournaras said the Greek banking system is shielded from developments in Deutsche Bank and there is no reason for concern, following a meeting with Prime Minister Alexis Tsipras at Maximos Mansion on Friday. 

"We have tools available to tackle unwanted situations which until recently we didn’t have,” the central banker said. 

Commenting on the meeting, Stournaras said developments on the Greek economy are positive, adding it is in the country’s best interest to complete the second program review as soon as possible and that he was assured by the prime minister that this was his goal. He also briefed Tsipras on developments in the banking system domestically and abroad and the latest information on fiscal targets. 

 

 

ANA-MPA