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Greece-Creditors Still Disagree Over Bad Loans, Foreclosures
The second marathon negotiation between Greece and the quartet of international creditors ended at 5 am on Monday with the issues of bad loans...
Reps for Foreign Funds, Looking to Buy Greek Bank Loans that are "in the red"
Representatives of foreign funds are looking to take advantage of the "red" loans held by Greek banks and are already setting up offices in Athens,...
Six Times More 'In the Red' Loans in the Last 5 Years
In September 2013, nearly one in three loans (31.2%) was not paid, while almost one in two borrowers (45.8%) did not pay their credit...
Greek Banks Plan for "in the red" Loans
Greek banks have reached a complex plan in order to deal with loans "in the red."
According to the newspaper "Ethnos," Greek banks will move...
Loans and Deposits Reduced in August 2013
Loans and deposits were reduced in August 2013. According to data by the Bank of Greece, it was observed that in deposits (that businesses...
The US Has Rediscovered Greece, Ambassador Tsunis Says
US Ambassador George Tsunis added to a list of those lauding Greece’s recovery from a 2010-18 financial and austerity crisis, calling it an “economic...
Mitsotakis Pledges Early Repayment of Greece’s Bailout Loans
Prime Minister Kyriakos Mitsotakis pledged on Tuesday that Greece will make an early repayment of 5.3 billion euros of bilateral bailout loans from European...
Hundreds of Family-Run Hotels in Greece Are Selling Their Businesses
A recently released report has revealed that hundreds of family-run hotels in Greece are now on the market because small business owners cannot keep...
Greece Loans Stunning Ancient Statue to Boston’s Museum of Fine Arts
Greece's Acropolis Museum has loaned an ancient statue of a young woman, known as kore, to the Museum of Fine Arts, Boston (MFA), where...
First Citizens Bank to Buy Silicon Valley Bank Deposits and Loans
First Citizens Bank & Trust Co will buy Silicon Valley Bank’s deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday, potentially calming...


