Greeks’ Primary Residence Protection Extended for Two Months

The Greek government and the country’s biggest banks agreed to extend by two months legislation which protects the primary residence of debtors in Athens...
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Piraeus Bank Returns to Profitability, Says CEO Christos Megalou

Piraeus Bank CEO Christos Megalou says that Greece’s largest lender is returning to profitability in an exclusive interview with the Greek Reporter. Speaking at the...

Greece’s Eurobank Buys Out Property Firm in €780 Million Deal

Greece’s third-largest lender Eurobank announced a deal on Sunday to buy Grivalia Properties in an effort to boost the bank’s capital and speed up...

Piraeus Bank Sells Bulgarian Subsidiary to Eurobank

Piraeus Bank, Greece's largest lender, announced on Wednesday that it has entered into an agreement with Eurobank Ergasias for the sale of its shareholding...

Piraeus Bank Finances Development of Major Transit Hub in Greece

Piraeus Bank, Greece's biggest lender, has announced it will finance the development of the Thriassio Transit Center, which will help increase freight transport by...

Greek Bank Shares Drag Down the Athens Stock Exchange, State Bonds Reach 4.66%

The turmoil in the Italian economy and the deterioration of Greek state bonds dragged down the Athens Stock Exchange on Monday, with the General...

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...

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