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Announcement to the shareholders of the Bank of Greece

17/12/2001 - Press Releases

With reference to a recent press report, the Bank of Greece informs its shareholders that Greece’s entry into Economic and Monetary Union and the full participation of the Bank of Greece in the European System of Central Banks as from 1 January 2001 do not entail any need to modify the Bank’s ownership status. The Bank of Greece, along with the other national central banks, is allocated income generated by the performance of the monetary policy function in the euro area, in accordance with its share in the capital of the European Central Bank. In addition, it still earns income from operations unrelated to the implementation of the single monetary policy.

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