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Bank of Greece Forecasts 4.2% Growth for 2021
The Bank of Greece reiterated a 4.2% growth forecast for 2021, but warned that the Greek economy is facing a large number of bankruptcies
Greece in Talks With London-Based Banks for Relocation to Athens
The Greek government revealed on Friday that it is in discussions with three London-based banks regarding their possible relocation to Athens following the official...
Greece's National Bank Reports 457-Million Euro Profit in First Half of 2020
Greece's National Bank recently reported impressive profits despite the worldwide economic downturn caused by the coronavirus pandemic this year.
The National Bank Group announced that...
Former Banker Leaves US to Reconnect with Parents’ Homeland in Greece
Peter Manuselis was once in many ways a typical Greek-American -- but growing up in North Canton, Ohio with his immigrant parents, he simply...
ECB: Greece Should Complete Reforms to Help Banks Reduce Bad Debt
Greece should complete the reforms needed to help banks reduce bad debt and deal with the impact of the COVID-19 pandemic, the European Central...
Greece Banks on Tourists Arriving Overland to Save Tourism Season
Greece hopes that travelers arriving overland will soften the blow to tourism this season as traditional markets remain closed due to coronavirus restrictions.
Tourism Minister...
Bank of Greece Forecasts Zero Growth for 2020
The Greek economy will fall to zero growth this year while it will show a significant divergence from fiscal targets for the year, the...
Greece Signs Loan Agreement With European Investment Bank for New Heraklion Airport
Greece on Thursday signed two loan agreements with the European Investment Bank (EIB) worth 330 million euros.
The EIB loans, one for the construction of...
Greece Plans to Scrap Primary Residence Protection, Introduce Individual Bankruptcy
The Greek authorities are planning to introduce to the country's judicial system the institution of individual insolvency, in which a person is able to...
PM Mitsotakis Hails Establishment of Bank of China in Greece
The European section of the Bank of China officially opened its first branch in Greece after receiving an operating license from the Bank of...