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Greek Banks

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The recovery of the Greek economy may be around the corner, but the country’s banks still seem to be tightening credit, thus draining Greek companies of...

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According to a second stress test conducted in the recent months by the Bank of Greece, the leading four banks of the country are...

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The American newspaper, The Wall Street Journal, commented on the recent decision of the Greek government to extend for one more year, the suspension...

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Greek banks have reached a complex plan in order to deal with loans "in the red." According to the newspaper "Ethnos," Greek banks will move...

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Moody's Investors Service has today upgraded the long-term deposit and senior debt ratings of Piraeus Bank SA, National Bank of Greece SA and Alpha...

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A German couple that lives in Milos, has transformed their house into a museum. The couple kept hundreds of archeological artifacts belonging  to the...

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Intense skepticism prevails in the government’s economic team. The developments in the banking sector are not expected to be favorable and the Finance Ministry...

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By the end of 2013, 3600 bank employees will leave Greek Banks with voluntary exit programs. In the new year, 3600 bank employees will be...

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The sale of credit institutions' claims to third parties does not require approval or updating by the Bank of Greece, which has the responsibility...

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Already struggling despite a 50 billion euros ($65 billion) government recapitalization, Greek banks are being squeezed by the European Union to reduce their operating...

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Auditors from the American-based multinational investment management corporation BlackRock, Inc. are expected this week to finalize the methodology they will use in their new...

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Deposits in Greek banks showed an increase this July (6,6%), according to data released on August 28 by the European Central Bank. On the contrary,...