Greek Government Attributes Bank Shares Sell-off to ‘Speculative Pressures’

The Greek government attributed Wednesday's bank share massive sell-off and the sharp drop of the general index in the Athens Stock Exchange to "speculative...

Goldman Sachs: Greek Banks have Limited Ability to Withstand Shocks

Greek banks have a limited ability to withstand external or internal shocks, a Goldman Sachs report says. According to Capital.gr website, Goldman Sachs representatives were...

Athens Stock Exchange Plummets Following Massive Bank Shares Sell-off

Scenarios of a new bank recapitalization and the Italian crisis triggered a massive bank share sell-off that dragged the Athens Stock Exchange to a...

Piraeus Bank Initiative Offers Young People Access to Job Market

In a press release issued by Greece's the largest bank, Piraeus Bank, the company announces the launch of an initiative that will help young people...

Greece Lifts Capital Controls for Domestic Transactions

Almost three and a half years since the imposition of capital controls, Greek authorities announced that they are abolished for domestic transactions and further...

Bitcoin and Cryptocurrency ATMs Coming to Greece

ATMs through which one can buy and sell cryptocurrencies such as bitcoin, ethereum, litecoin, and dash, are set to multiply in Greece over the next...

Piraeus Bank Vows to Support Export-Orientated Growth in Greece

Greece's largest lender Piraeus Bank has joined forces with Enterprise Greece, the official agency of the Greek state, to support export-oriented activity and growth...

OPINION: Bankers and Gangsters

The Jordanian people took to the streets for three days and nights in protest against a new austerity tax bill forcing Prime Minister Hani...

Greece Further Relaxes Capital Controls to €5,000 per Month

Greece's finance ministry has further relaxed capital controls with a decision sent for publication in the Government Gazette on Thursday, raising the monthly limit...

First Greek Bank Joins UN Initiative for Sustainable Banking

Greece's Piraeus Bank and twenty-five other leading global lenders from five continents are re-defining financial institutions’ purpose and business model to align the sector...

Greeks May See Further Easing of Capital Controls

Reports in Greece are suggesting bank customers will see the amount they can withdraw each month rise to between €4,000-€5,000 ($4,700-$5,880). Currently there are capital...

Greek Banks Get Positive Stress Test Results from Moody’s

The results of a stress test round for the four Greek systemic banks -- Alpha Bank, Eurobank, National Bank and Piraeus Bank -- are...

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