Greek Βank Deposit Οutflows Eased in March

Greek bank deposit outflows showed a significant decrease in March, reducing fears regarding the country’s banking system that has suffered a shock by the...

Borrowers of Big Loans Who Send Money Abroad Scrutinized

Financial prosecutor Ioannis Dragatsis has started focusing on companies, entrepreneurs and general borrowers who have received bank loans of amounts of over 30 million euros...

National Bank of Greece Elects New Chairman Panayiotis Thomopoulos

On Thursday the National Bank of Greece elected Panayiotis Thomopoulos as its new chairman, replacing chairwomen Louka Katseli. Thomopoulos is the former deputy governor of the...

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...

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...

Extreme Weather: Destructive Tornado Blows Through Xanthi [pics]

A tornado whizzed through Xanthi, a city in Thrace, northeast Greece, spreading panic and destruction in its path early on Tuesday. The extreme weather...

Historic Olive Grove of Corfu under Threat Due to Illegal Logging

Local authority officials and residents of Corfu have raised the alarm over the gradual destruction of the famous olive grove on the island. The grove;...

Greek Owners Will Pay an Extra €1,000 If They Want to Rent or Sell...

Real estate property owners in Greece will have to pay an additional 1,000 euros in fees and levies and go through more red tape...

Notaries Claim Businessmen Offspring’s House Auctions are Deliberately Abolished

The Greek Notaries Association is accusing citizens' groups fighting against private house auctions, of abolishing particular auctions of houses belonging to offspring of wealthy...

Watch Moment Cargo Vessel Crashes into Chalkis Bridge [Video]

Cargo vessel Madares collided with the old bridge in Chalkis, Evia, at around 12:45 am (Greek local time) on Friday, May 13. At the time...

Under Fire Greek Shipping Minister Admits Leaving Greece After Sinking of Tanker

Bewildered Shipping Minster Panagiotis Kouroumblis admitted that, during the first crucial hours after the sinking of the Greek tanker near Salamis, he got into a...

TAP Selects Joint Venture Including Greece and Italy

Trans Adriatic Pipeline AG (TAP) has selected a joint venture consisting of Italy’s Renco S.p.A and Greece’s Terna S.A. for the engineering, procurement and...

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