BoG: Deposits in Greek Banks Fell €1.5 Billion in January

Greek banks' deposits by individuals and enterprises fell 1.5 billion euros in January to 119.7 billion euros, from 121.4 billion in December 2016, the...

ECB: Greek Banks Stress Tests Results Due in May

The European Central Bank's stress test of Greek banks is still expected to be completed in May despite a delay in a pan-European check. The...

FT: ‘Peripheral Bond Rally Reaching Bubble Proportions’

A recent article in London's Financial Times refers to the recent Greek bond auction, cautioning that investors have not learned the lessons of the financial crisis but...

Juncker Blasts “Unpatriotic” Greeks With Money Abroad

Eurozone chief Jean-Claude Juncker has castigated wealthy Greeks and those who hide their income in secret bank deposits outside the country and being unfaithful...

ECB Report‏: Greek Banks Reduced Number of Branches in 2014

Greek banks significantly reduced the number of their branches in Greece in 2014, the European Central Bank said in a report on Wednesday. Greek bank...

TT Bank’s Filippidis Freed On Bail

Former Hellenic Postbank chairman Angelos Filippidis, charged in connection with an alleged bad loan scheme at the failed state-owned institution, was released on two...

Cyprus “Bail-In”Could Wipe Out Investors

A pending bailout for Cyrus, whose banks were brought to the edge of default when their holdings in Greek bonds were devalued 74 percent...

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...

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