Yannis Stournaras: Assessing the impact of digital finance on financial and economic integration - risks, opportunities and challenges for central banks Speech by Mr Yannis Stournaras, Governor of the Bank of Greece, at the 2022 Conference of Mediterranean Central Banks "Building resilience in uncertain times: safeguarding financial stability, encouraging investments", jointly organised by the Central Bank of the Republic of Turkey, the Organisation for Economic Co-operation and Development (OECD), the European Institute of the Mediterranean (IEMed) and the Bank of Spain, Istanbul, 31 October 2022.
The country required a framework that would allow companies to raise equity or risk finance as well as debt financing. The authorities therefore decided to deepen financial sector reforms and to create capital markets.