BlackRock Solutions

With Greece celebrating a deal with international lenders that could open the door for long-delayed installments and critical cash, there came a warning that the country's banks need more money because of bad loans and over the size of...

Ailing Greek banks, which have already received 41 billion euros in an injection of state money from bailouts, will need another 6.382 billion, stress tests performed by BlackRock Solutions has recommended, less than the nine billion estimated by international...

The biggest stumbling block for Greece in its long-stalled negotiations with international lenders is how much more money already-recapitalized state banks are going to need. That's hanging up a deal that's blocking release of a pending nine billion euro ($12.46...

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...

A day after Bank of Greece Governor Giorgos Provopoulos told a parliamentary committee that the economy is recovering but that the country's banks may need more money, authorities said he and TV presenter Yiannis Pretenderis received envelopes containing bullets,...

While insisting the economy shows all the signs of recovering - as he has previously said the last several years only to be proved wrong - Bank of Greece Governor Giorgos Provopoulos issued a caveat that the country's banks...