National Bank of Greece Ends Need for European Aid

The National Bank of Greece (NBG) is the first Greek bank to have entirely eliminated its dependency on the European Central Bank's Emergency Liquidity...

EU: Greece has Almost Half of Eurozone’s Bad Loans

Non-performing bank loans (NPLs) are a constant threat to the eurozone's banking system and a new report by the European Commission shows Greek institutions...

Bank of Greece Issues Warning on Bad Loans

The banking system is still susceptible to external financial dangers, the Bank of Greece (BoG) warned in a review of the Greek financial sector...

Greek Government Cash Balance Shows 4.4-bln-Euro Deficit in 2017

The central government cash balance recorded a deficit of 4,434 million euros in 2017, from a deficit of 3,569 million euros in the previous...

IMF Insists on Greece Debt Relief Measures

International Monetary Fund spokesman Gerry Rice expressed the Fund's willingness to work with Greece's European partners for a solution that will credibly reduce the...

EU Source: Greek Bailout Exit in Sight

Associated Press (AP) is reporting a senior EU official in Brussels saying Greece is close to exiting its bailout program. Speaking anonymously on Thursday ahead of...

Most Greek CEOs Want Creditors to Scrutinize Government

Two out of three top executives of Greek companies believe creditors should continue to supervise Athens’ fiscal policy after the end of the bailout...

Diaspora TV Show Offers Insight on Investment Opportunities in Greece

  This week’s Greece in our Hearts — the popular web TV show for the Greek diaspora —featured developments in the country's real estate market...

Piraeus Bank to Quit European Aid in 2018

Piraeus Bank has significantly reduced its reliance on the European Central Bank's Emergency Liquidity Assistance (ELA), and plans to fully eliminate it in 2018,...

Many Greek Bosses Unable to Offer Full-Time Jobs

    More Greeks are in work but over half are struggling to get by on flexible or part-time contracts, data reported in Greek media has...

Greek Airport Passenger Numbers Soar for 2017

  Travel to and from Greece appears to be on the rise as Greek media reports air passenger numbers at the country’s airports set a...

Piraeus Port Gets Ready To Welcome Mega Vessel

Greece’s shipping industry is showing serious signs of growth as a Piraeus port in the throes of a multi-million-euro expansion prepares to welcome an...

LATEST