Through its statements and its participation in the public debate, the Bank of Greece has aimed to present the true facts in a comprehensible manner, dispel misconceptions and misunderstandings and provide all citizens with reliable and timely information on the available options and implications thereof.
It should be noted that most central banks undertook similar changes regarding their communication policies, which – in response to the conditions of the crisis – have shifted away from the traditional communication model whereby their discourse was addressed to a close circle of experts and was often cryptic.