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Erschienen in:
2000 | OriginalPaper | Buchkapitel
An Independent Bank of Greece: an idea whose time has come
verfasst von : Dr. Iannis A. Mourmouras, Dr. Michael G. Arghyrou
Erschienen in: Monetary Policy at the European Periphery
Verlag: Springer Berlin Heidelberg
Enthalten in: Professional Book Archive
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The Bank of Greece (BoG) was founded in 1928 with a mandate to safeguard the value of the national currency. Before that, the National Bank of Greece, the largest commercial bank of the country was also performing the main fonctions of a central bank. The first appointed Governor of the Bank of Greece was A. Diomides who stayed in office for about three years. Generally speaking, during its first twenty years or so the BoG enjoyed a significant degree of independence.