Eurobank

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...

The volatile situation in Ukraine has caused grave concern for the 56 Greek companies operating in the country, as it is believed that the first victims of the crisis will be export companies. In 2013, Greek investments in Ukraine amounted...

Greece 's Eurobank Ergasias SA, the country's fourth largest lender, reported a €913 million loss in the last quarter as it implemented a government-backed restructuring scheme. In a statement, the bank said it had taken €660 million in provisions for...

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...

Greece's record jobless rate was stuck for a second month in August at 27.3 percent - some 60.6 percent for those under 25 - leading the government to say that it's a "sign of recovery" because it hasn't gone...

In an attempt to reduce its legacy costs OTE, the largest telecommunication company in Greece announced its intent to downsize its workforce in the fixed-line business. Chief Executive Michael Tsamaz said that 1,100 people, that is 13% of the fixed-line...

Yesterday, Eurobank the third-biggest lender to Greece announced that it will shed about a tenth of its workforce through voluntary redundancy. This measure is taken in order to make it fit for privatization. Eurobank is among the four Greek banks...

An article published today by the Austrian newspaper "Der Standard" highlights that the best investment funds of the last twelve months came from Greece, according to analysts of the “Morningstar” company. It also noted that three of these funds...

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...

Greece's privatization fund announced on Monday that it had sold 14 state buildings to Eurobank Properties for 145.8 million euros under the sale and lease back scheme. The Hellenic Republic Asset Development Fund's said that the total surface area of...