Greece’s Alpha Bank Freezes e-Transfers until Monday

Alpha Web Banking will operate with limited functionality during the weekend 27 – 28 June 2015. This is the announcement of the Greek bank,...

National Bank of Greece to Hold Emergency Meeting on Monday to Approve Sale of...

The National Bank of Greece (NGB) will hold an emergency general meeting on Monday to approve the sale of its Turkish subsidiary Finansbank, the bank announced. "After...

First Bitcoin ATM in Greece Promises Limitless Transactions Amidst Capital Controls

The first 2-way bitcoin ATM was inaugurated in downtown Athens on Saturday at The Cube, a coworking space that houses several innovative startups. And...

Will Creditors Approve Government’s Plan of Incentives for Making Credit Card Purchases?

According to sources, there is a plan in the making to drive Greeks to use their credit cards to make purchases. The government has...

Greeks Splashed Out On Card Payments Over Holidays

Piraeus Bank has said Greeks’ use of plastic money during the Christmas and New Year holidays rose to new record highs, evidence of a...

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...

Bank of Greece Report: Attica Bank Mired in Discrepancies

The Bank of Greece probe of Attica Bank uncovered at least 30 serious discrepancies in its administration and operations, and a report is submitted...

Moody’s: Reduction of NPLs ‘Credit Positive’ for Greek Banks

On Monday Moody's said that a reduction of non-performing loans and of operating spending by Greek banks was a "credit positive" move for banks. In...

Greek Banks at Risk of Collapsing

Greek banks are at risk of collapse unless Athens completes an agreement with creditors within next week, said a Spiegel report. The report is based...

More Greek Businesses Deposit Their Money in Bulgarian and Romanian Banks

Bank deposits of Greeks in Bulgaria and Romania increased by 10% and 8% respectively while in Greece deposits dropped by 23% in 2015, the...

Greek Banks to Implement Law on ‘Bad Loans’

Greek banks are ready to implement the law on "bad loans." This emerged after today's meeting at the government headquarters between Prime Minister Antonis...

Griveas-Vatsika Couple To Be Extradited To Greece

A London court ruled yesterday that businessman Kyriakos Griveas and his spouse Anastasia Vatsika must be extradited to Greece to stand trial in relation...

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