![Middle East crisis could lead Eurozone into stagflation, BoG governor say [vid]](https://cdn.pagenews.gr/wp-content/uploads/2023/10/5929110-1-500x290.jpg "Middle East crisis could lead Eurozone into stagflation, BoG governor say [vid]")
Middle East crisis could lead Eurozone into stagflation, BoG governor say [vid]
He noted that the crisis in the Middle East shifted the balance against those who wished any further tightening in monetary policy.
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YANNIS STOURNARAS
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![Middle East crisis could lead Eurozone into stagflation, BoG governor say [vid]](//cdn.pagenews.gr/wp-content/themes/pagenews_vw/common/imgs/grey.gif "Middle East crisis could lead Eurozone into stagflation, BoG governor say [vid]")
Middle East crisis could lead Eurozone into stagflation, BoG governor say [vid] -
Banks ought to finance real economy, says Tsipras after meeting central banker
Banks ought to finance real economy, says Tsipras after meeting central banker
Banks ought to finance the real economy and small and medium-sized enterprises, "but above all they must immediately contain or lower lending rates" to keep deposit rates fixed, noted SYRIZA-Progressive Alliance leader Alexis Tsipras after his meeting with Bank of Greece Governor Yannis Stournaras on Thursday.
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Bank of Greece cuts its forecast for economic growth to 3.8% in 2022
Bank of Greece cuts its forecast for economic growth to 3.8% in 2022
The report, presented by Yannis Stournaras, the central banker, also said that under the adverse scenario Greek economic growth will slow to 2.8% and the inflation rate will rise to 7% this year.
