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5 Losses Spinning Greece on a Downward Spiral
Austerity measures implemented in Greece as part of its long haul towards redemption have caused social and economic upheaval in the country. Regardless of...
Slim Chances of Large Tranche Disbursement for Greece on May 24
Expectations for the disbursement of a large tranche for Greece are being lowered just a week ahead of the Eurogroup meeting of Eurozone finance...
Greece-Lenders Still Disagree Despite VAT Hike and Internet Levy
Greece and lenders did not come to a staff level agreement after a marathon conversation that ended early on Thursday morning to be continued...
‘Best Case Scenario’ Is to Clinch Deal Between Greece and Institutions Next Week, Says Official
The “best case scenario” is for Greece and the institutions to converge significantly until next Friday’s Eurogroup, so that the latter can return to...
Greece Is Champion of Non Performing Loans in Euro Zone
Greece is the euro zone champion in non performing loans, according to a study conducted by the International Monetary Fund.
Bad loans in euro zone...
Head of Banking Body: Political, Economic Stability Key in Allowing Banks to Support Economy
Political and economic stability as well as the effective management of non-performing loans (NPLs) are two of the five main preconditions that would allow...
Success of Greek Program Jeopardized Due to Delays in Evaluation
The success of Greece’s economic reform program is in jeopardy due to the delays in its first review, for which the International Monetary Fund...
Greek Economy Minister Doesn't Rule Out Tax on Banking Transactions
Economy, Development and Tourism Minister Giorgos Stathakis didn’t rule out the possibility of imposing a tax on banking transactions as part of the government’s...
Finance Μinistry, Greek Banks Say they're Positive About Results of Recapitalization
Greece ’s finance ministry and the country’s main lenders expressed on Sunday their optimism about the outcome of the third bank recapitalization, following the...
Bank Recapitalization Fund: Capital Requirements to Be Announced by End Oct
The capital requirements of the Greek banking system will be announced by the end of October, after the completion of the European Central Bank’s...


