national bank of greece

The National Bank of Greece decreased business loans interest rates by 1.5 percent. A relevant decision is expected to be taken regarding other kinds of loans, while Piraeus Bank and Eurobank also proceeded to the same reductions on interest...

Already struggling despite a 50 billion euros ($65 billion) government recapitalization, Greek banks are being squeezed by the European Union to reduce their operating costs, which means layoffs of workers when the unemployment rate is already a record 27.9...

A study released on Thursday by National Bank of Greece's (Bog) Strategic and Financial Analysis Department shows that an increase in corporate investment in the export sector of up to 14% of the country's gross domestic product would after...

According to the six-month report on financial circumstances of the National Bank of Greece concerning the small and medium enterprises, their turnover, how much money they were taking in, fell by some 90. This serious blow to the economy has...

The first appearance in Greece of German Finance Minister Wolfgang Schaeuble since the country's crushing economic crisis began three years brought out all the luminaries in the business and banking world, who flocked to the Hilton to hear him...

With the Greek government moving to recapitalize and stabilize banks, Prime Minister Antonis Samaras told the heads of the four biggest financial institutions that they should start lending against to to help ease the shortage of liquidity and boost...

The police have erected roadblocks from Acherontas to the Greek Albanian borders in Thesprotia, Epirus, while fully armed policemen are sweeping the region to detect and arrest the criminal escapees. The sea area from the village Ammoudia in Preveza to...

Greece's Piraeus Bank, whose Chairman, Michalis Sallas, has been accused of questionable activities and is set to make a huge profit out of the country's coming bank recapitalization -  has raised nearly double the amount of money needed to...

The National Bank of Greece has raised collects private funds of at least 1.1 billion euros, ($1.47 billion) increasing its capital without issuing contingent convertible bonds (CoCos). As newmoney.gr reports, the National Bank of Greece approached its target to cover...

Unhappy with the only bid made for its gambling monopoly OPAP, Greece's privatization agency has given Greek-Czech fund Emma Delta more time to raise its stakes,   two officials directly involved in the sale talks told Reuters. "They asked for and...