Hellenic Bank Association
Economy
A Comprehensive Overall Solution for Greece's Debt by August 15
The Troika of Greece’s creditors managed to reach an agreement with the Greek government today, that a comprehensive 'overall solution' will be sought on the issue of debt, held by banks and the state, and social insurance funds.
The meeting was attended by ministers,...
Economy
Samaras Calls for Acceleration of Privatizations
In a meeting that included Government Vice-President and Foreign Minister Evangelos Venizelos, as well as Greek Finance Minister Gikas Hardouvelis on Monday, Prime Minister Antonis Samaras set the issue of accelerating privatizations.
Hardouvelis went to the Prime Minister immediately after concluding a 3.5 hour-long meeting with...
Economy
Greece Freezes Foreclosures, No Help on Loans
As Greek Prime Minister Antonis Samaras’ coalition government plans to recapitalize the country’s banks with a $64 billion injection, it is also going to freeze home foreclosures in 2013, but has offered beleaguered consumers no help, although many can’t...
Economy
Greek Banks Looking for More Government Money
ATHENS – Greece’s beleaguered banks, beset by nervous Greeks yanking out billions of dollars in the frantic period ahead of the critical June 17 elections and holding on thanks to an emergency injection of $23.9 billion in a bailout,...