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Report: 4.8 Million Confiscations of Bank Accounts Between 2015-18

According to a study published by the Greek Ombudsman, the Greek state has increased the number of confiscations of bank deposits in recent years,...

BoG: Deposits Down by Over 2.4 Billion Euros in 2017; April Sees Credit Expansion

  The latest reports from the Bank of Greece (BoG) show that deposits have declined by more than 2.4 billion euros in the first four months...

Greek Banks Get Back 800 Million Euros in Deposits

More than 800 million euros in deposits have returned to Greek banks after the latest relaxing of capital controls, almost a month ago. According to...

Bank Deposits Drop in July After a Two Month Rise

Bank deposits in Greece dropped slightly in July after a rise in the previous two months, according to data released by the Bank of...

Greek Finance Minister Further Relaxes Capital Controls

Greek Finance Minister Euclid Tsakalotos has further relaxed capital controls with a decision published in the government gazette on Friday. This was the 11th...

Authorities to Have Access to Assets of Greeks in 100 Countries

As of 2017, Greek tax authorities will allegedly have access to assets of Greek citizens in 100 countries, including tax havens such as Switzerland. According to...

NBG Head Katselli Rules Out Deposits Haircut and Banks Recapitalization

Hellenic Bank Association president and National Bank's chief Luca Katseli said in an interview with Kathimerini newspaper, on Sunday, that the possibility of a deposits haircut...

Greek Bank Deposits Up 1.15 bln Euros in Dec‏ember

Greek bank deposits grew 1.15 billion euros in December, a “small but significant return of deposits” after six years of losses which amounted to...

Bank of Greece Marks Significant Reduction in Deposits in November

A significant reduction was noticed in business and household deposits in Greece in November 2015. According to data from the Bank of Greece, the total...

Moody’s: Uninsured Depositors Compromised by Greece’s New Legislation

Ratings agency Moody’s said on Monday that uninsured depositors in Greek banks are in danger of losing some of their money in case of a bank’s...

Varoufakis Preparing Bill for Voluntary Declaration of Swiss Bank Deposits

The Greek government will table a new draft bill to Parliament that will allow Greek citizens to voluntarily reveal deposits held in Switzerland in...

Bank Deposits and Loans Fall in Greece

According to the Bank of Greece data, business and household deposits dropped from 161.02 to 160.5 billion in January. Since the beginning of the year,...

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