“I had a duty to speak openly for everyone to assume all the responsibilities and decision based on the real state of the Greek economy”, said BoG director Mr. Yannis Stournaras.

What he publically stated yesterday were things he had stated to political leaders in private conversations already.

Sources stated that Greece does not recognize anything said behind closed doors, remind his predecessor, Mr. G. Provopoulos, had already filled in political leadership in 2009 for the real deficit amounts and the dangers laying in wait, however, he had been ignored or douted.

Thus, Mr. Stournarasa believed that it is his duty to timely illuminate the real situation, in an effort to protect the banking system and the progress the national economy has made in the last two years. This is the main goal of the Central Bank.

Mr. Stournaras’ interlocutors reminisce that under normal circumstances, Greece should receive 10.6 billion euro until the 31st of December of 2014. However, due to the non-completion of the evaluation and negotiations with the troika, this money will not begiven to the country.

Thus, the Ministry of Finance, in order to meet current obligations is forced to issue treasury bills. In effect, it forces banks to lend the Greek state, depriving them of real liquidity which under normal circumstances would be led to the market and would then become a positive factor for the growth indicators.