banking sector

The rally at the Athens Stock Exchange (ATHEX) which began at the end of 2021 reached a peak earlier this week when the index climbed to levels unseen since 2014. The last time the main index stood above 950 points...

The Troika of Greece’s creditors managed to reach an agreement with the Greek government today, that a comprehensive 'overall solution' will be sought on the issue of debt, held by banks and the state, and social insurance funds. The meeting was attended by ministers,...

Greece's second-biggest lender, the National Bank of Greece has unveiled the terms of a planned share capital increase that must be approved by the shareholders' general meeting on May 10. The bank plans to raise up to 2.5 billion euros, mainly from...

Intense skepticism prevails in the government’s economic team. The developments in the banking sector are not expected to be favorable and the Finance Ministry is already looking for the tanks to raise the funds needed in order to make...