Greece

German Marks amounting to 14,334,000 euros were found in the Bank of Greece, a treasure forgotten for ages. 57 bags full of German notes have been mistakenly kept in the Bank of Greece. No employee, or even the Head of...

Eleven years have passed since the deadly Marfin Bank arson. The culprits are still at large, as Greek police launches a new investigation

The Greek financial system remained strong throughout the Covid-19 pandemic, the Bank of Greece stated in its Financial Stability Review.

Greece’s startup financial firm "Viva Wallet," a neo-bank, has raised $80 million to expand its footprint as well as the services it offers.

The Greek government revealed on Friday that it is in discussions with three London-based banks regarding their possible relocation to Athens following the official exit of the UK from the European Union in January. Speaking to Bloomberg TV, Alex Patelis,...

Greece's National Bank recently reported impressive profits despite the worldwide economic downturn caused by the coronavirus pandemic this year. The National Bank Group announced that its after-tax profits totaled 457 million euros in the first half of 2020, up from...

Greece should complete the reforms needed to help banks reduce bad debt and deal with the impact of the COVID-19 pandemic, the European Central Bank said, according to Reuters. The coronavirus crisis has stalled the efforts of Greek banks to...

Greece hopes that travelers arriving overland will soften the blow to tourism this season as traditional markets remain closed due to coronavirus restrictions. Tourism Minister Haris Theocharis said on Saturday that "overland tourism will recover faster so the conditions must...

The Greek economy will fall to zero growth this year while it will show a significant divergence from fiscal targets for the year, the Bank of Greece said in its annual report on the Greek economy, presented on Friday. The...

Greece on Thursday signed two loan agreements with the European Investment Bank (EIB) worth 330 million euros. The EIB loans, one for the construction of a new international airport in Heraklion, Crete, and the other for priority investments in Greece,...

The Greek authorities are planning to introduce to the country's judicial system the institution of individual insolvency, in which a person is able to declare bankruptcy, liquidate his or her property and receive a second chance in life, free...

The European section of the Bank of China officially opened its first branch in Greece after receiving an operating license from the Bank of Greece (BoG) on November 1, 2019. On October 25 the Bank of Greece informed the Industrial...

Piraeus Bank, the largest lender in Greece, announced on Thursday its participation in a climate change initiative created by thirty-one banks around the world. The banks participating in the “Collective Commitment to Climate Action,” which represent total assets of $13...

Bank of Greece governor Yannis Stournaras said on Thursday in a speech in the United States that growth rates could rise higher than three percent after 2020, given the right conditions. Speaking at an event sponsored by the Stavros Niarchos...

Piraeus Bank, Greece's largest lender, announced last week that it is exploring a potential strategic partnership opportunity with a major Asian Pacific financial conglomerate, to provide financing solutions for Greek shipping companies. “This pioneering initiative forms part of Piraeus Bank’s...