and state interventions. The balance sheet of the Bank of Greece reveals an excessive focus on the chosen monetary policy … advances. Moreover, Bank’s considerable involvement in government re-financing might indicate that state interventions were …

Neither history nor economic historians have been kind to Greece’s central bank in the interwar years. Born at the … behest of the League of Nations to help the country secure a new international loan, the Bank of Greece was treated with a … ineffectual or detrimental: the Bank is accused of having pursued an unduly orthodox and restrictive policy, both during but also …

Reacting to extreme uncertainty conditions caused by the global financial crisis, the European Central Bank implemented …