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Two of Greece's shakiest banks, Hellenic Postbank and Proton, will have to be sold by mid-July as the  country's largest banks continue gobbling up...

New Cypriot President Nicos Anastasiades of Cyprus, during a vist to Athens on March 11, will reportedly ask Greek Prime Minister Antonis Samaras to...

Greece's more than century-old Hellenic Postbank faces a big change - over the protest of its workers - after the newspaper Kathimerini reported that...

Hellenic Postbank, a small state-controlled lender, is insolvent, Finance Minister Yiannis Stournaras said, and must be sold or transferred to private investors. It was...

Facing a deadline this month to pay a $3.82 billion loan payment or risk defaulting, Greece has again managed to escape, by selling $5...

Lending to Greek businesses and households shrank 4% on the year in March as demand for bank loans continued to slide, data from the...

Greek banks will post deep losses for 2011 when they report results on Friday, with the spotlight on the scale of the capital hit...

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...

Fitch Rating Agency downgraded on Tuesday Cyprus` rating by three notches, citing exposure to Greek sovereign debt, while warning that it could downgrade the...

Further deficit efforts from Greece should focus on spending cuts and reining in tax evasion and not on new taxes, Greece’s central banker said. "There...