Alpha Bank
Business
Greek Alpha Bank Criticizes the Troika
In relation to ongoing negotiations, Greek Alpha Bank has criticized the Troika for not giving the green light to the next tranche of funds.
“Two of the most striking developments in the Greek Economy for 2013 were the successful reformation and...
Economy
3600 Bank Employees Losing their Jobs
By the end of 2013, 3600 bank employees will leave Greek Banks with voluntary exit programs.
In the new year, 3600 bank employees will be suspended and forced to search for a new job. The reason behind these suspensions is...
Economy
Greek Banks Face Two More Years of Recession
Even as the Greek government touts a coming primary surplus and predicts the beginning of a recovery next year, The Governor of the Bank of Greece Giorgos Provopoulos said he expects the country's deep recession, now in a sixth...
Business
7th Greek-Albanian Economic and Business Forum
The 7th Greek-Albanian Economic and Business Forum with the main subject "The Role of Banks in the post-crisis period" is organized by the Greek Embassy in Tirana, Bureau of Economic and Business Affairs and the Greek Business Association. The...
Economy
EU Demands Greek Bank Closures
Already struggling despite a 50 billion euros ($65 billion) government recapitalization, Greek banks are being squeezed by the European Union to reduce their operating costs, which means layoffs of workers when the unemployment rate is already a record 27.9...
Crime
Agia Sofia Children's Hospital Robbed
The perpetrators’ target was the bank branch located on the hospital’s first floor.
The incident took place at about 8.10 in the morning, when two people entered the hospital and without causing suspicion, they went to the first floor, where...
Greece
Tourists Keep Pouring Into Greece
What a difference a year makes. In 2012, Greek tourism took a big hit in the aftermath of images of protests, strikes and riots against austerity measures. This year, with Greeks largely surrendering, it's been relatively calm and visitors...
Business
Schäeuble Meets Greek Businessmen, Bankers
The first appearance in Greece of German Finance Minister Wolfgang Schaeuble since the country's crushing economic crisis began three years brought out all the luminaries in the business and banking world, who flocked to the Hilton to hear him...
Business
Samaras Tells Banks To Start Lending
With the Greek government moving to recapitalize and stabilize banks, Prime Minister Antonis Samaras told the heads of the four biggest financial institutions that they should start lending against to to help ease the shortage of liquidity and boost...
Business
Eurobank Acquires Postbank Too
The troubled private bank Eurobank is expected to take over the more troubled state financial institution Hellenic Postbank, the country's banking stabilization agency HFSF said. The new operation will be called New Postbank (NTT).
The HFSF and Eurobank will cooperate...