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The governor of the Bank of Greece Giorgos Provopoulos and the head of the Union of Greek Banks fly to Brussels, after an invitation...

Germany΄s major banks have agreed to take part in a new aid program for Greece by accepting longer maturities on some EUR2 billion in...

As Joachim Nagel, member of the Executive Board of the Bundesbank stated in the newspaper Suddeutsche Zeitung, ''The involvement of private banks in Greece's support plan should be completely voluntary.'' "The participation of the private sector itself is positive. However, it...

Chief executives of large companies in France and Germany have requested immediate rescue of European countries, which are heavily indebted, especially Greece. 50 “Giant Companies” in...

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...

Piraeus Bank Deputy CE) stated the bank withdrew its offer for the State’s stakes in ATE and Hellenic Postbank. “Piraeus Bank withdrew its interest as...

Former US President Donald Trump is unable to find a private company to guarantee the full amount of his $464 million New York civil...

Greece on Tuesday successfully completed a 15-year syndicated bond issue, raising 3.5 billion euros ($3.86 billion) at an interest rate of 4.45%. Bids submitted exceeded...

On Tuesday, Greece announced its return to international capital markets and mandated six banks to run a reissue process for a 7-year bond maturing...

Greece and the rest of Europe are facing an energy crisis with electricity prices skyrocketing to new records on Wednesday as winter sets in. According...