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German Treasure Found in the Bank of Greece

German Marks amounting to 14,334,000 euros were found in the Bank of Greece, a treasure forgotten for ages. 57 bags full of German notes have...

Greece Leads Europe in Housing Costs, Central Bank Says

Greece leads Europe in housing costs, November’s Financial Stability Report by the Bank of Greece (BoG) maintains. According to the report, 27 percent of the...

Greece Sells Stakes in Two Major Banks

Greece on Monday announced plans to sell a 20 percent stake in the National Bank of Greece (NBG) after concluding the sale of a...

Shadow Economy in Greece at 20.9 Percent of GDP, Central Banker Says

The size of the shadow economy in Greece reaches 20.9 percent of the country's Gross Domestic Product (GDP), Bank of Greece governor Yannis Stournaras...

Bank of Greece Sees 2.2% Growth in 2023, 3% in 2024

The Bank of Greece (BoG) sees an acceleration of recovery in Greece after 2023 with growth projected at 2.2% in 2023, 3% in 2024,...

Bank of Greece Warns of Lavish Pre-Election Promises

The governor of the Bank of Greece (BoG), Yannis Stournaras, warned political parties in Greece on Wednesday that their pre-election promises could derail the...

Marfin Bank Arson Still Haunts Greece 13 Years Later

Eleven years have passed since the deadly Marfin Bank arson. The culprits are still at large, as Greek police launches a new investigation

Prehistoric Jar Discovered on Riverbank in Western Greece

A unit of the special fire service forces was called to salvage a rare prehistoric jar from the river bank near Arta, western Greece. 

Central Bank of Greece Slashes Growth Projection to 3.8% This Year

The central bank of Greece cut its projection for growth in 2022 to 3.8% from a previous projection of 4.8% it announced on Thursday. The...

Russian Embassy in Greece Says Bank Accounts of Citizens Frozen

The Russian Embassy in Greece said Wednesday it was “concerned” about reports it had received from Russian citizens in the country who said that...