Yannis Stournaras

Bank of Greece Governor Yannis Stournaras on Friday set the safeguarding of the credibility of economic policy as the main goal ahead of the elections, and in this context called on the political forces to show "prudence and responsibility" and support "the national economic goals, in order to maintain the climate of confidence in the prospects of the Greek economy."

The Bank of Greece has raised its economic growth forecast for Greece this year, according to the central bank's governor, Yannis Stournaras. Presenting the bank's annual report on Friday, Stournaras said that the Greek economy is expected to grow by 2.2% in 2023, and the inflation rate is set to fall to 4.4%, with the state budget expected to record a primary surplus of 0.7%.

The eurozone is near the end of the tighter monetary policy cycle, Bank of Greece Governor Yannis Stournaras said on Wednesday.

Addressing a conference organized by the Federation of Insurance Companies of Greece, the central banker said Greece was also close to obtaining investment grade.

Giorgos Houliarakis was perhaps the most popular member of the SYRIZA government among his European Union peers. He was one of the very few people who focused on the real numbers of the economy and realistic data.

The exposure of Greek banks to Credit Suisse is "almost zero," Greek central bank chief Yannis Stournaras told Reuters on Monday.

"They (the Greek banks) are not exposed to Credit Suisse's Additional Tier 1," Stournaras, who also sits on the ECB's 26-member Governing Council, said, adding that Greek banks are solid. [Reuters]

The head of the Bank of Greece, Yannis Stournaras, is adamant that 2023 will be the year when Greece finally regains investment grade.

Greece is close to regaining its investment-grade credit rating in 2023, after 12 years of relegation to junk status, the Financial Times reported on Tuesday.

"We think that 2023 is the year will get the investment grade," Greek central bank chief Yannis Stournaras said in an interview with the paper, urging the country's next government to maintain fiscal prudence.

Greece needs to follow prudent fiscal policy and continue reforms in order to ensure the confidence of the markets, Pierre Gramegna, the new executive director of the European Stability Mechanism (ESM), pointed out on Thursday following his meeting in Athens with Finance Minister Christos Staikouras.

Bank of Greece Governor Yannis Stournaras met on Thursday with Andrea Enria, chair of the Supervisory Board of the European Central Bank's Single Supervisory Mechanism (SSM).

Enria met with Stournaras and other members of the Bank of Greece's administration, as well as with representatives of the managements of Greek banks and the Hellenic Bank Association.

Central banker Yannis Stournaras issued a fresh message to the government and the opposition to preserve fiscal stability ahead of the elections, so as not to jeopardize the country's course back to investment grade, and another to the social partners to prevent the creation of an upward price-wage spiral.