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Relief Rally at Athens Stock Exchange
In an episodic political "background," the Athens Stock Exchange on Monday welcomed the Parliament’s approval of the new loan agreement.
The shares of Eurobank, Hellenic...
ASE: The General Index in a 3-Month High
The General Index at Athens Stock Exchange closed above 800 units for the first time in three months. The banking index recorded a new...
National Bank Raises 1 bn Euros
Greece's leading lender National Bank said Monday that it has increased its capital by one billion euros, boosting its defences ahead of a controversial...
First Quarter 2012 Critical for Greece's Stay in Euro
Greece will either lower its standard of living, or it will exit the euro and turn decades back, chairman of the Association of Greek...
Greek House Prices to Decline Further by 2013
House prices in Greece will decline by 10% by 2013, according to National Bank of Greece's monthly report on the economy, published on Thursday.
The...
Scandalized Proton Bank Gets Nationalized
ATHENS - The National Bank of Greece has moved to take over Proton Bank, a small lender that is under investigation for possible violation...
Moody's Downgrades 8 Greek Banks
Moody's on Friday downgraded the ratings of eight Greek banks by two notches each citing a struggling domestic economy and declining deposits among reasons...
S&P Gets Down four Greek Banks
The evaluation agency Standard&Poor's got down the ratings for Greek banks National Bank of Greece (NBG), EFG Eurobank (EFG), Alpha Bank and Piraeus Bank...
Moody's Investors Service Downgrades 8 Greek Banks
Moody's Investors Service today downgraded the deposit and senior debt ratings of eight Greek banks, following its downgrade earlier in the week of Greece's...
S&P Downgrades Four Major Greek Banks
Standard & Poor΄s Ratings Services said on Thursday that it has lowered its credit ratings on four major Greek banks following Greece’s downgrade to...