Investments and private consumption are expected to be the key drivers of economic activity in the coming years
The Bank of Greece Governor says the ECB should not be swayed by the US Federal Reserve and must cut rates at least twice before summer
Influential Greek central banker addresses event at the University of Liverpool
Stournaras emphasized the modernization of the Bank of Greece's Central Vault, which now boasts cutting-edge sorting, inventory management, and security systems
For the 11-month term January-November of 2023 it recorded a surplus of €17.895,5 million, the data revealed
This figure represents a 12.5% increase in revenues compared to the respective period in the previous year which also marked a record (€17.88 billion).
Debt collection companies operating in Greece are under investigation, in order to determine whether they comply with the rules of domestic legislation
Despite easing energy and food prices, Alpha Bank analysis shows that strong demand, booming tourism and rising wages are keeping inflation in Greece well above the eurozone average
According to officials at the Ministry of Finance, the measure is designed to push a significant number of vacant homes back onto the market, boosting supply and helping to curb rising rental and sale prices.
A new European Investment Bank loan will fund upgrades at Metlen’s historic Aluminum of Greece complex, aiming to boost the EU’s supply of two critical raw materials and strengthen Europe’s industrial autonomy
In his speech, Mitsotakis also referred to the housing crisis, noting it was not only a Greek problem, as the European Union is preparing new legislation that could provide additional policy tools
In its weekly analysis, the Greek bank stresses that inflation in Greece stands at an average of 3% compared to the 2.1% in the Eurozone.
The latest changes, effective 11 August, abolish fees for cash withdrawals from any Greek bank ATM and cap charges at €1.50 for third-party ATMs
Corporate deposits increased by €4.403bn in June, compared to an €867mln rise in May. The annual growth rate climbed to 12.0% from 9.8%
Revised law tabled in parliament mandates free ATM withdrawals, sets fee caps, and promotes digital banking amid growing public backlash.
This marks the fifth time in the past decade that Citi Greece has received the Best Investment Bank distinction in Greece.
Eurobank CEO points the finger back at the state, arguing that it is government-imposed conditions, particularly those tied to property legalization and digital registration, that are delaying sales.
Multinational investment bank Citigroup forecasts the rating of Greece will be raised by a notch within the next nine months from the top two credit rating agencies, S&P and Moody’s, which control 80% of the market. This would mean that S&P would assess Greece one level above “investment grade,” while Moody’s—currently the only one of […]
The measure aims to lower the cost of doing business and everyday transactions in Greece, with an estimated annual cost to banks of approximately €150 million.
A sophisticated fraud scheme emptied the bank accounts of a Greek family in Volos, leading to a request for Interpol's assistance.