banks

Piraeus Bank, the largest lender in Greece, announced on Thursday its participation in a climate change initiative created by thirty-one banks around the world. The banks participating in the “Collective Commitment to Climate Action,” which represent total assets of $13...

The European Commission issued a statement on Thursday morning in which it announced that the executive of the Union has approved Greece's plan for protecting the primary residence of Greek citizens from foreclosure. The statement notes that the Greek plan...

Greek banks are expected to cut up to 4,000 positions during the year 2019, various outlets in the Greek media reported on Monday. Most of the reductions, as has happened in the past, are not expected to come through outright...

The Greek Parliament approved on Friday the new Primary Residence Protection bill which came up for discussion in the Parliament on Wednesday. Out of 231 MPs who participated in the vote, 194 voted in favor of Article 68, which incorporated...

Piraeus Bank has entered into a credit agreement with Berliner Sparkasse to help Greek companies which have a business relationship with German enterprises in the greater Berlin area. Berliner Sparkasse is one of the largest savings banks in Germany, and Piraeus...

The Euro Working Group concluded its meeting on Monday night without an agreement on when the Eurozone will release the first tranche of approximately one billion euros to Greece. This amount of money is the first tranche of approximately €4.8...

European officials postponed the decision on whether or not Eurogroup will authorize the already-agreed upon disbursement of cash to Greece until the next Euro-working group in March 25. The Eurogroup postponed the decision on disbursement because of a delay in...

The Greek Ministry of the Economy brought a bill to the Parliament on Friday, with which it intends to broaden the criteria of the ''Golden Visa'' program. After the bill is voted on, the Greek State will be able to...

The high level of bad loans in Greece is still the largest economic issue that the embattled nation needs to focus on, the head of Piraeus Bank told the American television network CNBC on Monday. Christos Megalou said that there...

The Greek Ministries of Labor and Finance are expected to co-sign a framework to establish a rental subsidy plan for more than 300,000 families having low incomes. Applications for the new program will be submitted online, and the Greek Government's...