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> Economy

BoG Gov. Stournaras: ‘bank deposits as safe as ever’

ECB decision on collaterals to be lifted upon debt agreement

Newsroom February 5 08:15

Bank of Greece (BoG) Gov. Yiannis Stournaras reiterated on Thursday that “bank deposits as safe as ever”, dismissing rumour-mongering aimed at the domestic banking sector.

Stournaras, the one-time finance minister in the previous government, also said that Wednesday evening’s ECB decision on restricting the use of Greek bonds as collateral will be rescinded following a “new agreement”, without citing what type of agreement.

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