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Bank of Greece Says Bad Loans Declined in 2017

Non-performing loans (NPLs) fell in 2017 and credit risk is down compared with previous quarters, but a further decline will depend on developments in Greece's...

'Red' Loans Management to Unsettle Greek Parliament

The hot issues of 'red' loans management and the privatization of the Independent Power Transmission Operator (ADMIE) will be tabled in Greek Parliament on...

Greek 'Red' Loans to be Sold to Foreign Distress Funds

Greece's creditors ask for a comprehensive bad loans settlement plan to be completed and legislated by December 15 as part of the bailout agreement...

More Greeks Unable to Pay on Their Loans

The number of defaulting debtors in Greece is growing, and experts are warning that the situation could blow up and smash hopes the country...

Bloomberg: Greek Banks See increase in Housing Loans by 2015

Greek banker Theodoros Kalantonis, who has survived the worst of times in the past six years, said he can finally see the resurrection of home lending,...

Greek Loans May Get 30-50 Years Payback

Despite a primary surplus and a tepid return to the bond markets, Greece's debt is still so unsustainable that European Union officials are reportedly...

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,...