Bank of Greece (Gov) Yannis Stournaras

The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel

The ECB interest rates on the deposit facility, the main refinancing operations and the marginal lending facility are 3.25%, 3.40% and 3.65%, respectively, as of October 2024

He further added that inflation could be on track to meet ECB's 2% target in the first half of 2025, stressing the need for policymakers to reduce the "highly restrictive" interest rates.

Yannis Stournaras addressed the 'Risk Management & Compliance Conference' as a keynote speaker on Monday

A relevant announcement said the merger with Pancreta is expected to be completed by mid September