Greek Banks

Greek Deputy Finance Minister Dimitris Mardas said on Friday that all banks will open on Monday, offering a wide range of services, although a 60-euro daily cash restriction will remain. In a radio interview, Mardas said that banks will be able to...

"The Finance Ministry and the Bank of Greece examine all possibilities and technical details so that banks can open as soon as possible," says a finance ministry announcement, thereby negating previous reports that Greek banks will open on Monday. Only...

Greek bank branches will reopen on Monday according to sources, the Athens-Macedonian News Agency reported. The alleged decision follows a European Central Bank (ECB) announcement that increases the Emergency Liquidity Assistance (ELA) to Greek banks by 900 million euros. ELA had...

European Stability Mechanism (ESM) head Klaus Regling has warned of a collapse in the Greek banking system if the country does not secure a third bailout, saying this would have consequences for the entire Eurozone. "If everything fails, then the Greek...

The Greek bank holiday, which has been in effect since June 29, has been extended until Thursday, July 16, while there was an official announcement regarding the transactions citizens will be allowed to make, as provided by the new legislative...

A European Commission report on Greece in cooperation with the European Central Bank that was conducted on July 10 says that Greek debt sustainability has deteriorated significantly since April, when it was projected that it would be at 125...

 Although capital controls were only meant to restrict citizens' financial movements for a week, last night Greek Prime Minister Alexis Tsipras hinted that the banks could remain shut for another month. "The reopening of banks depends on the sanctioning of...

During an interview with Bloomberg on Tuesday, Greek Minister of Economy, Shipping and Tourism Giorgos Stathakis said that banks will reopen when the European Central Bank (ECB) raises the Emergency Liquidity Assistance (ELA) to Greece, so after the various Eurozone parliaments vote...

The first 2-way bitcoin ATM was inaugurated in downtown Athens on Saturday at The Cube, a coworking space that houses several innovative startups. And many find that through this very ATM they can overcome Greece's capital controls. The 2-way (bitcoin...

Bank of Greece (BoG) Governor Yiannis Stournaras expressed optimism on Friday that the operation of banks will normalize in the next few days, as an agreement between Greece and its creditors is imminent, according to a press release by the bank employees’...