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Pireaus Bank

Ukraine: 56 Greek Companies Threatened

The volatile situation in Ukraine has caused grave concern for the 56 Greek companies operating in the country, as it is believed that the first victims of the crisis will be export companies. In 2013, Greek investments in Ukraine amounted...

Voluntary Exit for Eurobank’s Employees

Yesterday, Eurobank the third-biggest lender to Greece announced that it will shed about a tenth of its workforce through voluntary redundancy. This measure is taken in order to make it fit for privatization. Eurobank is among the four Greek banks...

Investors Agree to Greek Bond Buyback

Holders of Greek bonds, including Greek banks as well as foreign institutions, have agreed to sell back some 30 billion euros ($38.8) of their holdings, government officials said, meeting a target to release a series of $56.7 billion in...