Greece will this year complete the sale of its outstanding stakes in five banks bailed out during last decade’s debt crisis
Bank of Greece governor Yannis Stournaras on Friday issued a warning
SYRIZA-Progressive Alliance is prepared to protect primary homes of defaulted borrowers through the plans
SYRIZA’s Alexis Charitsis, responsible for development and investments, said that the government
Prime Minister Kyriakos Mitsotakis discussed how banks can infuse liquidity into the Greek
The government is expected to table a measure on primary
Bank of Greece (BoG) governor Yannis Stournaras in an interview with ‘Parapolitika’ newspaper on Saturday stressed the need to shield the Greek economy against international turmoil and align with what has been agreed with the partners.
Fitch Ratings upgraded Alpha Bank AE’s and National Bank of Greece S.A.’s Long-Term Issuer Default Ratings (IDR) to ‘CCC+’ from ‘RD’ and Eurobank Ergasias S.A.’s and Piraeus Bank S.A.’s Long-Term IDR to ‘CCC’ from ‘RD’, it said on Monday.
Greek banks will need to face further challenges in the future, but they have both the knowledge and the means to deal with them, Deputy Minister to the Prime Minister, Dimitris Liakos, said in an interview with the Athens-Macedonian News Agency (ANA) on Monday.
Greece and Germany on Friday agreed to set up a working group to prepare a survey on the institutional framework for the development of a system of regional banks in Greece based on the German Sparkassen model.