Suspension of Publication of Two Historical Greek Newspapers

On Saturday the Lambrakis Press Organization (DOL) announced on the front page of the Greek newspaper "To Vima”  that two historical Greek newspapers are being...

Greeks Can No Longer Use Their PayPal Accounts

The capital controls that were recently imposed to Greece by its government left PayPal paralyzed, as the online payment company relies exclusively on the traditional banking sector...

Sallas Announces Retirement as Chairman of Piraeus Bank Group

Piraeus Bank Group chairman Mihalis Sallas on Wednesday announced his decision to retire as chairman of the board after 25 years. Addressing a board meeting,...

National Bank of Greece Selling Bulgarian Subsidiary

The Bulgarian subsidiary of the National Bank of Greece (NBG) is up for sale, according to banking industry sources who have reported that there...

Piraeus Bank New CEO Races to Reach Target for Reducing Bad Loans

Christos Megalou, the new chief executive officer of Piraeus Bank SA is trying to make up for lost time, says a report in Bloomberg. Megalou...

Greek 10-Year Bond Yields Hit Eleven-Year Low

Greek 10-year government bonds yields hit an 11-year low on Friday, as recent upbeat economic data and a deal struck with its lenders encouraged...

Protesting Farmers Gather in Central Athens

About 2,000 farmers gathered in central Athens to rally against new tax and security contribution measures, with Greek Communist Party (KKE) leader Dimitris Koutsoumbas...

Greek Property Market Still on Downward Trend

The Greek property market shows an improvement on the international index following the first quarter, according to the Global Property Guide. The study ranks...

Greeks Need 10 to 22 Documents to Sell a House

The Greek State requires an average of 10 documents -- in some cases up to 22 -- when a citizen wants to sell real...

Greece, Bulgaria to Swap Tax Evasion Info

One of the major issues plaguing the Greek state for decades, tax evasion, was the subject of talks between the revenue heads of Greece...

“George Averof” Naval Ship to Be Revived by Alexandros Goulandris

The legendary ship, “George Averof” is beloved by all - something which she has earned in her years of service in the Hellenic Navy....

Greek Coastguard Seizes Ship with Explosives Heading for Libya

Authorities have seized a Tanzanian-flagged ship heading for Libya and carrying materials used to make explosives, according to the Greek coastguard. The vessel "Andromeda" was...

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