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German Treasure Found in the Bank of Greece
German Marks amounting to 14,334,000 euros were found in the Bank of Greece, a treasure forgotten for ages.
57 bags full of German notes have...
How Is Greece Affected by the Bankruptcy of Tour Operator FTI
The third-largest travel agency in Europe, the German FTI, filed for bankruptcy on Monday, affecting an estimated 7,500 people on vacation in Greece and...
Former Bank of Greece Governor George Provopoulos Dies at 74
Former Bank of Greece governor George Provopoulos died of cancer on Tuesday. He was 74.
Provopoulos was central governor from 2008 to 2014, probably the...
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...
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...
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...
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...
Bank of Greece Sees 2.2% Growth in 2023, 3% in 2024
The Bank of Greece (BoG) sees an acceleration of recovery in Greece after 2023 with growth projected at 2.2% in 2023, 3% in 2024,...
Bank of Greece Warns of Lavish Pre-Election Promises
The governor of the Bank of Greece (BoG), Yannis Stournaras, warned political parties in Greece on Wednesday that their pre-election promises could derail the...