Greek Banks

The Greek government is working to boost liquidity in Greece as Greek banks remain closed after a NO vote win in a referendum that rejected a take-it-or-leave it deal offered by the country's creditors. Top Syriza officials told The Telegraph...

  One day before Greeks vote in a referendum to accept or reject a bailout deal the EU has offered them, the European Financial Stability Facility issued a statement "reserving its rights to act upon Greece's default." With the Greek Banks closed...

Amidst fears of financial catastrophe, Greek banks are considering to tap into depositors funds the Financial Times reported citing bankers and businesspeople with knowledge of the measures. "The plans, which call for a haircut of at least 30 per cent...

By Jagjit Chadha, University of Kent Greek citizens preparing to vote in a referendum have been implored by their coalition government to reject a deal with the country’s creditors which, in actual fact, might have worked to keep the country afloat...

Greek Prime Minsiter Alexis Tsipras said that Greek banks will reopen when Greece and its creditors leave from the negotiations table with an agreement in hand. After the Greek government decided to hold a referendum asking its citizens to vote...

As of Thursday, Greeks will be able to make deposits and payments in 289 branches of the National Bank of Greece (NBG) and 174 branches of Eurobank that will operate during the bank holiday. At the same time, they can deposit...

  Opinion, by Phaedon Boukas There are reasons why the most glorious country of ancient times defaulted to the IMF and went bankrupt, becoming the economic pariah of the world in the 21st Century. IMF put Greece in arrears on June 30 after...

Greek banks significantly reduced the number of their branches in Greece in 2014, the European Central Bank said in a report on Wednesday. Greek bank branches totaled 2,688 at the end of 2014, from 3,109 in 2013 and 4,008 in...

Moody's Investors Service has today downgraded Greece's government bond rating to Caa3 from Caa2 and placed the rating on review for further downgrade. "The short-term rating is unaffected by this rating action and remains Not Prime (NP)," the agency said....

The Greek government’s decision for the closure of banks across the country has brought on an absolute paralysis. Apart from the many issues that Greek citizens face in their daily lives, Greeks who are currently abroad -- students, businessmen...