Calamos Supports Greece

National Bank of Greece (NBG)

2 Greek Banks to Accept Deposits as of Thursday

As of Thursday, Greeks will be able to make deposits and payments in 289 branches of the National Bank of Greece (NBG) and 174 branches of Eurobank that will operate during the bank holiday. At the same time, they can deposit...

National Bank of Greece Reports Losses in Q1‏

National Bank of Greece (NBG) reported losses of 159 million euros in the first quarter of 2015, integrating domestic losses of financial results worth 112 million euros. Commenting on the results, NBG CEO Leonidas Fragkiadakis said: “Against strong headwinds, which...

Greek Deputy Finance Minister Orders The Transfer Of Public Accounts

As Greece is running out of funds, Greek deputy finance minister Dimitris Mardas ordered the transfer of 1,039 bank accounts of public authorities in a special account in the National Bank of Greece (NBG). With fears of a forthcoming Greek default triggering...