Tsipras on New Greek Bank Recapitalization

The bill on the renewed recapitalization of Greece’s banks may be tabled at the Greek parliament as soon as this week, according to Hellenic...

Samaras Says No Foreclosures On Poor

With a rebellion growing in their ranks over plans to let banks seize homes after a ban on foreclosures expires at the end of...

Greek Fin Min Promises Easing of Capital Controls

Greek Finance Minister Euclid Tsakalotos announced the easing of capital controls as of next week and said that those who make new deposits in...

Threat Note For Anastasiades, Banker

Newly-elected Cypriot President Nicos Anastasiades, who is imposing a plan he had previously opposed that will confiscate big chunks of bank deposits, and Central...

JPMorgan CEO’s Visit in Athens Canceled

JPMorgan Chase & Co Chairman, President and CEO Jamie Dimon canceled his two-day visit to Athens due to medical reasons. He was supposed to arrive...

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...

Eurobank to Take Over Alpha Bank Branches in Bulgaria

Eurobank, one of Greece's biggest banks, will take over the business of another major Greek bank, Alpha Bank, in the neighboring Balkan country of Bulgaria. Eurobank's...

Greece, Troika Finally Strike Deal

Seven months after they started negotiations on a long series of unresolved reforms, Greece and its international lenders have reportedly reached a draft agreement...

Mission (Almost) Impossible: Getting a Loan from a Greek Bank

Liquidity in the Greek economy has reached new lows as banks are unable to reduce bad loans that have reached 105 billion euros. According to...

Greek HFSF Stability Fund Board Members Tender Resignations

Members of the Hellenic Financial Stability Fund have tendered their resignation to be made effective on July 18, 2016. The decision was made so...

Greek Finance Ministry Announces Capital Controls Amendments

On Monday, the Greek Finance Ministry announced new modifications to the capital controls that have been imposed in Greece since June 28, 2015. While the...

Bank of Greece Acquires Eurobank

With Greek banks still reeling from big losses imposed by the government in a desperate bid to write down its staggering $460 billion debt,...

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