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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...
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...
Marfin Bank Arson Still Haunts Greece 13 Years Later
Eleven years have passed since the deadly Marfin Bank arson. The culprits are still at large, as Greek police launches a new investigation
Prehistoric Jar Discovered on Riverbank in Western Greece
A unit of the special fire service forces was called to salvage a rare prehistoric jar from the river bank near Arta, western Greece.