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EU Approves Greece's Plan to Reduce Bad Loans

The European Commission approved on Thursday a Greek plan to reduce its bad loans at the country's banks by up to 30 billion euros...

Greece Officially Requests Early Repayment of Expensive IMF Loans

Greek Finance Minister Christos Staikouras signed the official letters on Monday in which Greece requests to pay back to the International Monetary Fund (IMF) part...

Piraeus Bank, Intrum Join Forces to Tackle Greece's Bad Loans

Piraeus Bank, the leading lender in Greece, announced on Monday it has teamed up with Sweden's Intrum for the management of its 27-billion-euro ($30...

Greece Formally Requests Early Repayment of Expensive IMF Loans

The Greek Finance Ministry sent to the European Stability Mechanism (ESM) on Monday evening the government's proposal for the repayment of part of the...

Greece Planning Early Repayment of "Expensive" IMF Loans

Greece's Finance Minister Euclid Tsakalotos on Tuesday confirmed that Greece is planning an early repayment of loans it received from the International Monetary Fund (IMF). Speaking...

Greek Bankers Say Non-Performing Loans Remain an Issue (video)

Greek bankers on Monday highlighted the opportunities stemming from the recovery of the Greek economy but also warned of the challenges facing their sector...