Influential Bank of Greece (BoG) Governor Yannis Stournaras on Tuesday reiterated that the country’s central bank has an obligation to warn, in a timely and public manner, of possible risks that may disrupt the monetary and credit stability in the country.
Stournaras, a former finance minister in a government preceding the current leftist-rightist coalition, has never been popular with the Tsipras government or leftist SYRIZA party, even though the BoG’s eurozone-mandated autonomous status affords him heightened independence.
Speaking a customary after-New Year’s event, Stournaras noted Greece’s central bank has often been the target of “vested interests” that aim to weaken its institutional role to the benefit of policies “opposed to the basic principles of its charter”.
As such, he referred to the terrorist mail-bomb attack against former prime minister and BoG gov. Lucas Papademos, among others.
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Photo Source: Wikimedia Commons Copyright: Dimboukas License: CC-BY-SA
Source: naftemporiki.gr
