Hellenic Financial Stability Fund (HFSF)

New Democracy Parliament spokesman Adonis Georgiadis, speaking on the morning show of Greek TV channel "Mega" on Tuesday, stated that "If SYRIZA nationalizes the Hellenic Financial Stability Fund (HFSF), the banks will shut down." Georgiadis came into conflict with SYRIZA MP Giorgos Varemenos who was...

Piraeus Bank has agreed to sell its ATE Insurance branch to Ergo Insurance Group for 90.1 million euros. Ergo Insurance is the subsidiary of German reinsurance company Munich Re. In July 2012, Piraeus Bank bought the healthy part of ATEbank,...

The European Central Bank's stress tests of Greek banks will not be a cause of concern, Hellenic Financial Stability Fund (HFSF) CEO Anastasia Sakellariou said in an interview published on Sunday. Speaking to "Sunday Kathimerini" newspaper, Sakellariou is quoted saying...

Greece's fourth biggest lender Eurobank said on Good Friday that its 2.86 billion euros share issue will take place between Friday April 25th and Tuesday April 29th. The issue price per new share will be announced by Thursday April 24th by the bank's board of directors after they have determined...

The critical omnibus reform bill that needed to release a delayed €10.5 billion installment from Greece’s international lenders was approved by the Greek parliament in the early morning hours of Monday. The bill corrects many injustices that used to exist...

The bill on the renewed recapitalization of Greece’s banks may be tabled at the Greek parliament as soon as this week, according to Hellenic Financial Stability Fund (HFSF) officials, after a meeting was held at the Greek Finance Ministry...

Intense skepticism prevails in the government’s economic team. The developments in the banking sector are not expected to be favorable and the Finance Ministry is already looking for the tanks to raise the funds needed in order to make...