banks

The number of defaulting debtors in Greece is growing, and experts are warning that the situation could blow up and smash hopes the country can finally emerge from a crippling six-year recession this year. Greece’s central bank says that non-performing...

  Some recent findings showed that the majority of Greek citizens are drowning in debts and find it hard to fulfill their obligations to the Greek State. The overdue debts have increased by 1.1 billion euros during October, while in 2013,...

Two out of three citizens, who turned to the economic system for borrowing, in order to cover all types of needs (housing, consumer etc.) are now unemployed, showing a complete inability to meet obligations towards the banks. According to data...

The Troika is expected to arrive in Greece and the government is seeking a compromise as the end of the foreclosure ban for the first homes looms, the Financial Times writes in its editorial. The title of the article is...