Trump’s election victory may boost Greek economy: Top Banker > Piraeus Bank chair George Handjinicolaou speaks in interview > Chairman declines to give timeframe for pending CEO pick Donald ... Read More
The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped ... Read More
Greek banks will not need any further recapitalisation after the latest round, in which the European Central Bank put their additional capital needs at 14.4 billion euros, the ECB’s ... Read More
Greek authorities have created a special team to protect Greek banks from a team of hackers who have allegedly threatened to bring down the lenders’ electronic systems if they ... Read More
Greece’s second largest lender by assets Piraeus Bank SA announced on Saturday that it didn’t manage to raise all the funds needed from private investors, after capital shortfalls outlined ... Read More
Greece: Banks National and Alpha are likely to announce the successful completion of their share capital increases on Thursday, following Eurobank’s announcement on Wednesday to the same effect, while ... Read More
Greece failed to secure the release of 2 billion euros in bailout funding at a Eurogroup summit on Monday, as expected, with creditors prodding Greek officials to push forward ... Read More
Greece: Banking reforms that are necessary for the sector’s recapitalization are key to the disbursement of the first couple of bailout subtranches, say sources in Brussels, as the Euro ... Read More
Greek prime minister warns that Europe’s migration crisis could harm efforts to turn around fragile economy Greek Prime Minister Alexis Tsipras said his country could return to bond markets soon, if ... Read More
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks Greek banks are being told by auditors some of their ... Read More
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