#BANK OF GREECE
Resilient but Facing Headwinds: Bank of Greece Warns on Sector Risks
Although recent stress tests bolstered confidence, the Bank of Greece underlined that geopolitical tensions, trade frictions and a potential reversal in international interest rate trends could yet weigh on the sector’s performance.
Rising Guarantees Under Greece’s Hercules Program Spark Fears Over Fiscal Risk
Figures from the Public Debt Management Agencyshow that the government’s outstanding guarantees under Hercules rose to €17.95 billion at the end of June 2025, up from €17.33 billion six months earlier.
Tax System Reform Critical Amid Inflation and Fiscal Strain, Warns Bank of Greece
The Bank of Greece is urging sweeping reforms to the country’s tax system, emphasizing the need for greater progressivity to safeguard fiscal stability, protect middle-income earners from inflation-driven tax burdens, and promote fairer income distribution.
Greek Bank Lending in 2024 Favored Large Corporations, Report Finds
Greek businesses gained significantly broader access to bank credit in 2024, according to the Bank of Greece, though lending remained heavily concentrated among large corporations.
Bank of Greece Updates Collateral Process
The Bank of Greece has issued two key decisions that change how Greek banks provide collateral to access liquidity from the central bank, bringing national procedures in line with eurozone standards.
Bank of Greece Warns Against Profit Tax on Banks
The Bank of Greece has issued a cautionary note on the potential risks of imposing a tax on bank profits, warning that such a policy could undermine both the financial sector and the broader economy.
Bank of Greece Tightens Oversight on Servicers Managing Securitized Loans Under "Hercules" Program
The Bank of Greece is ramping up its oversight of servicers managing securitized loans under the "Hercules" asset protection scheme, introducing stricter reporting and supervisory frameworks.