Bank of Greece

Angelos Filippidis, the former head of Hellenic Postbank who was arrested in Istanbul after Greek authorities said he was wanted in connection with a bad loan scheme at the failed state bank he ran, was released by a Turkish...

According to recent data published by the Bank of Greece regarding non-residents arrivals from abroad, it appears that the country is a very popular destination among Canadians. The data shows that in the period January-September 2013, arrivals from Canada to...

According to the Hellenic Statistic Authority (ELSTAT) and the Bank of Greece, 4 of 13 most essential sectors of the Greek economy have shown positive development after reeling 5 years of a deep and dramatic recession. In other words there...

New data by the Bank of Greece reveal that the Greek real estate market slumped by 9.2 percent during the third quarter of 2013, which according to Eurostat was the second-worst performance among European Union countries, following new EU...

Crushed by big pay cuts, tax hikes, slashed pensions and austerity measures that have created record unemployment, deep poverty and a harsh recession, so many people can't pay what they owe that Greek banks expect bad loans will hit...

Greek Finance Minister Yannis Stournaras, dismissing reports he may be appointed the Governor of the Bank of Greece which has had trouble predicting the country's fiscal fortune, told SKAI TV that he's changed his mind about asking the country's...

As a probe into bad loans given out by the state-run Hellenic Postbank (TT) has allegedly discovered a widespread ring of officials handing out money to businessmen who pocketed it, the institution's former President,  Angelos Filippides was arrested in...

Greek private sector bank deposits increased by 0.4 percent month on month in November, for the first time since May. According to the Bank of Greece, their balance reached 161.04 billion euros. Net inflow stood at 394 million in November,...

In a second test for the government within hours, Greek lawmakers ratified on Saturday evening a law on home foreclosures requested by international lenders under the country's bailout deals. The bill, which partially lifts a previous moratorium on auctions, passed...

The Greek government has opened an account for  “corrupt” individuals to deposit money stolen from the state. Officials estimate that the account which was opened yesterday by the Deputy Minister of Finance, Christos Staikouras, could return to the government up...