Greek Alpha Bank Criticizes the Troika

In relation to ongoing negotiations, Greek Alpha Bank has criticized the Troika for not giving the green light to the next tranche of funds. “Two of...

Greece Will Let Banks Seize Homes

Bending to demands from international lenders, Greek Prime Minister Antonis Samaras' coalition government will let banks foreclose on homes of customers, many of whom...

Greek Companies Anxious About Turkish Political Instability

  The radical developments on the political scenery of Turkey lately have caused anxiety among policymakers of more than 500 Greek companies that have “cashed”...

Turtle’s Pace Progress on Greek Lagarde List Scandal

The chief of the Financial and Economic Crime Unit ( S.D.O.E.), Stelios Stasinopoulos, had a meeting on Tuesday morning with the Parliament’s ethics and...

Stournaras and Tsipras Argue over Banking Scandals

The Greek Minister of Finance, Yiannis Stournaras and the leader of the main opposition SYRIZA, Alexis Tsipras, had an intense argument in Parliament on Friday morning, after the opposition leader posed...

Three Arrested, Twenty-Five Charged in Greek Bank Fraud

New facts have come to light in the alleged fraud case involving Hellenic Postbank and loans granted to businessmen between 2006-2011. Since yesterday evening, Greek...

Troika Wants Greek Homes Repossessed

Greece's international lenders are pressuring the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras again to lift a ban...

The Haratsi Is Here To Stay

A special property tax levy that doubled the amount due, and which was put into electricity bills in 2011 - for what was supposed...

Spiegel Suspects Deposits Haircut in Greece

After the suspension of  a planned merger of the National Bank of Greece and Eurobank because of capitalization problems and opposition from Greece's international...

Cypriot Politicians’ Loans Written Off

With banks confiscating up to 80 percent of uninsured deposits over 100,000 euros ($130,000) and the country facing a deep economic crisis, Cyprus has...

FT: Greece Will Soon Return to Markets

"Greece will soon be able to return to markets" estimates a new article in the Financial Times. The 10-year Greek bond yields fell to...

Provocative Stance by Troika

The negotiations between Troika and the Greek Government concerning Troika’s plans for the auctioning of primary residences, have reached their limits. Troika’s representatives appear...

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