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Possible NBG Bond Buy by ECB Could Offer Support to Greek Economy

The European Central Bank could buy covered bonds issued by the National Bank of Greece under its asset purchase scheme, providing indirect support for...

NBG Report Calls for Upgrade in Greek Hotels, to Boost Revenue

Tourism is Greece's heaviest -and only growing- industry generating millions for both  private businesses and the state, but apparently it is in need of...

Head of Banking Body: Political, Economic Stability Key in Allowing Banks to Support Economy

Political and economic stability as well as the effective management of non-performing loans (NPLs) are two of the five main preconditions that would allow...

National Bank Ready to Support Economic Recovery, NBG Chief Katseli Says

National Bank of Greece (NBG) meets the pressing needs of the country for reconstruction of the productive base in order to safeguard social cohesion...

National Bank of Greece Announces Support Program for Startups

The National Bank of Greece (NBG) announced on Tuesday an initiative aimed to support startups with activities in e-commerce through its NBG BusinessSeeds program. The bank...

NBG Governor: ‘2016 Marks the Beginning of a New Course for NBG

National Bank of Greece Governor Louka Katseli noted: "2016 marks the beginning of a new course for National Bank, which next year celebrates its...

Bank of Greece: Surplus in the Greek Budget from January – August 2015

The Greek state budget showed a primary surplus of 3.06 billion euros in the January through August period, from 2.3 billion in the same...

Reuters: Greek Banks Offloading Shipping Debt to Shore Up Capital

Greek banks are considering offloading part of their shipping debt portfolios worth billions of dollars in a bid to shore up their capital, Reuters...

Kalashnikov Used in Murder of Domokos Warden Traced to Attempted Bank Robbery

The Kalashnikov rifle used in the attack against the chief warden of Domokos’ high security prison on Saturday was also used in an armed...

Moody’s Downgrades Five Greek Banks

Moody’s downgraded five Greek banks on Monday, citing heightened uncertainty regarding the new government's ability to reach an agreement with its creditors before the end...

Athens Stock Exchange Recording Losses of 7.35% During Third Consecutive Day of Fall

New dramatic free fall recorded the Athens Stock Exchange (ASE), which sank to a new year low, amid the worsening climate in the markets...

Turkish PM Davutoglu in Athens Amid Heavy Security Measures

Turkish Prime Minister Ahmet Davutoglu arrived in Athens a few minutes after 3:30 pm accompanied by nine of his cabinet's Ministers, in order to...

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