Greece
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Piraeus Bank

Piraeus Bank Sues Reuters News Agency Over Published Article

On April 2, Reuters news agency published an article about "strange" property deals between the Greek Piraeus Bank and its Chairman family members. But Piraeus Bank sued both the news agency and the article's author, Stephen Grey, over "malicious defamation...

Greek Banks Could Nix Loans to Ship Owners

ATHENS – Greece’s shipping industry, which pays no income taxes to its homeland, may find it difficult to get more financing from Greek banks because of the economic crisis that has created a deep recession and has threatened to...

Bank Manager in Thessaloniki Embezzles 2.4 Million Euros

The manager of the Piraues Bank branch in Thessaloniki has been charged with embezzling 2.4 million euros from her clients’ accounts within the past 3 years. The 46-year-old woman removed the money from the accounts of eight clients and transferred it...