Greek Bank Deposits Down in March

Greek bank deposits fell again in March, with deposits by companies and households falling to 121.5 billion euros at the end of March, from...

Hackers Blackmail Greek Banks Demanding Bitcoin as Ransom

A special unit of Greece's National Intelligence Service (EYP) is investigating a racket of hackers who blackmail Greek banks, including the country's central bank,...

Greek Banks Need 14 Billion Euros, Report Claims

The four major Greek banks need 14 billion euros to cover their capital needs, according to Reuters. A Reuters report cites two European officials who claim that...

Ten Former Attica Bank Officials, Employees, Charged With Breach of Duty Over Loans

Ten former bank officials and employees of Attica Bank have been charged with breach of trust against a banking institution by a corruption prosecutor...

Two Greek Banks Request Emergency Liquidity Assistance

Two major Greek banks have submitted requests to the Bank of Greece for cash via the emergency liquidity assistance (ELA) system on Thursday, according to...

Greek Prosecutor Gets 500,000 Bank Account Details from Lagarde List

A file with about 500,000 bank account records of all those persons, included in the so-called "Lagarde list" was delivered on Tuesday evening by...

Greek FinMin Says Investigation of Tax Evaders on Lagarde List Going at a Snails...

According to data recently released by Alternative Finance Minister Tryfon Alexiadis to the Greek Parliament, sifting through the long list of tax dodgers from...

Greek Tax Authority Gets Data from Bank Deposits Abroad

The Independent Public Revenue Authority is expected within September to receive data on bank accounts held by Greek citizens in 49 countries. In exchange, Greek...

European Commission Clears Restructuring Plans of NBG & Piraeus Bank

The European Commission announced on Wednesday that it has found the restructuring plans of the National Bank of Greece (NBG) and Piraeus Bank -...

EU Splits Up Greek Bailout Loan

Greece won't be getting its long overdue next installment from international lenders all at once but in three parts, Eurozone finance ministers meeting in...

Katseli Criticizes New Corporate Governance Framework for Greek Banks

Restrictive criteria of a new law on banks' corporate governance framework imposed a one-dimensional management scheme on Greek banks, with board members having a limited...

Greece Eases Up on Capital Controls Again

Finance Minister Euclid Tsakalotos signed a decree easing capital controls in the country. According to the new regulations, Greek residents will be able to withdraw...

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