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How Did the Ancient Greeks and Romans Do Banking?
The ancient Greeks and Romans were responsible for some of the world's earliest banking systems, with the Athenians developing a sophisticated banking system in...
Greece’s Eurobank Eyes Presence in India
Greece's Eurobank is looking to establish a presence in India and is in the process of consulting with advisors and the Reserve Bank of...
Greece Sells Entire Stake in Piraeus Bank
Greece announced on Monday that it is selling its entire 27 percent stake in Piraeus Bank. The announcement was met with strong demand by...
Trump Ordered to Pay $354m to New York for Lying to Banks
Former President Donald Trump must pay nearly $354m to New York state for lying to banks about the values of his properties, a judge...
Greece Leads Europe in Housing Costs, Central Bank Says
Greece leads Europe in housing costs, November’s Financial Stability Report by the Bank of Greece (BoG) maintains.
According to the report, 27 percent of the...
AHEPA to Honor Greek Banker and Philanthropist Nancy Papaioannou
AHEPA, the biggest Greek-American organization, will honor banker Nancy Papaioannou for her commitment to the community.
AHEPA's Chapter 326 announced that Papaioannou will receive the...
Greece Sells Stakes in Two Major Banks
Greece on Monday announced plans to sell a 20 percent stake in the National Bank of Greece (NBG) after concluding the sale of a...
Co-working Giant WeWork Files for Bankruptcy in the US
WeWork has filed for bankruptcy in the US after the company struggled for years with a massive debt pile and hefty losses.
The firm reported...
WeWork Plans to File for Bankruptcy Over Massive Debt
WeWork plans to file for bankruptcy as early as next week, as the SoftBank Group-backed company struggles with a massive debt pile and hefty...
Shadow Economy in Greece at 20.9 Percent of GDP, Central Banker Says
The size of the shadow economy in Greece reaches 20.9 percent of the country's Gross Domestic Product (GDP), Bank of Greece governor Yannis Stournaras...