European Investment BankPresidentWerner Hoyer speaks highly of the Greek plan, following the recent signing of the memorandum of cooperation between Greece and the EIB on the management of €5 billion from the European resources Athens has applied for ... “The Greek government has taken two very important steps.
On the day that 1.2 billion new PiraeusBank shares started trading on the Greek stock market, following the local lender’s reverse split, the drop that ensued was the main factor in the benchmark’s slump below ...
It has been 11 years since the firebomb attack on a branch of MarfinBank in downtown Athens, which led to the tragic deaths of three people and an unborn child ...Eleven years since the black day that stigmatised Greek society,” Mitsotakis tweeted. The three bank employees, ...
A number of blue chips suffer significant losses on the Greek bourse on Thursday while others notched up major gains, with the banks index climbing almost 3%, on increased turnover to boot ... The banks index advanced 2.87%, despite the Piraeus’ 12% decline.
The most important concerns for a safe reboot of tourism are ensuring public health safety and the economic viability of tourism businesses and its employees, he underlined, citing data from the Bank of Greece that showed Greek tourism businesses in 2020 were hit with a 76 pct drop in turnover and a 78 pct reduction in tourist arrivals.
It has mandated five banks to issue the new five-year bond – namely, Barclays, BofA Securities, Commerzbank, Morgan Stanley and Societe General... In its scheduled review of the Greek economy, the U.S ... Greek credit rating upgrades despite global economic downturn.
Greeks flocked to cafes and restaurants on Monday to meet friends there after several months ... The Greek state's package of support measures will total 15 billion euros this year, double the initial estimate of 7.5 billion ... told the Greek national broadcaster ERT a few days ago.
An independent investigation in Greece says authorities have failed to adequately respond to multiple allegations of summary deportations of migrants at the Greek-Turkish border ... “Some hours later, other unidentified men, this time wearing black uniforms, take them to the Greek bank of Evros river.
The Greek payments firm, which last year acquired PraxiaBank’s banking license, will use the new financing to accelerate the deployment of its ‘Tap-on-Phone’ eftpos payment service, which turns any Android device into a card terminal.
In the latest development, Viva Wallet, a Greek startup building banking services aimed at small and medium merchants, has picked up financing of $80 million, money that it will be using to expand its footprint and the services that it is offering to users, in particular expanding its Merchant Advance loans business.