Latest News for: Greek banking

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Fitch: Greek Banks to Improve Asset Quality in Next Two Years

The National Herald 21 Apr 2021
The credit rating agency said that additional measures by banks to boost their capital base and a likely extension of the "Hercules" plan will further accelerate the improvement of Greek banks' asset quality in the next two years.
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Over 800 guest speakers at next month’s Delphi Economic Forum

Ekathimerini 21 Apr 2021
In a highly symbolic year for Greece, the DEF VI will commemorate the bicentennial of the Greek Revolution ... Another important topic during the first day of the Forum concerns Greek shipping ... On Wednesday, May 12, the Forum will focus on the role of banking institutions and the Greek banking system.
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800+ Guest Speakers from 42 Countries to Participate in 6th Delphi Economic Forum

The National Herald 21 Apr 2021
In a highly symbolic year for Greece, the DEF VI will commemorate the bicentennial of the Greek Revolution ... Another important topic during the first day of the Forum concerns Greek shipping ... On Wednesday, May 12, the Forum will focus on the role of banking institutions and the Greek banking system.
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Creditors put pressure on the government

Ekathimerini 20 Apr 2021
Greece’s creditors do not like debts being settled in many installments, as they view it as damaging to the payment culture ... Reforms are also starting to regain significance ... Notably, this assessment will determine the disbursement of €770 million to Athens from eurozone central banks’ earnings from their Greek bond holdings (SMPs and ANFAs). .
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Logistics potential not realized

Ekathimerini 20 Apr 2021
Despite the progress recorded in recent years, Greece still has a long way to go before it is transformed into an international transit hub ... According to the latest available World Bank logistics performance index for 2018, the Greek market stood in 42nd place among 160 countries ... .
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A French-Greek alliance in Suez

Ekathimerini 19 Apr 2021
French businesses provided significant opportunities, not only for employment but also for investments and collaboration with Egypt’s considerable Greek-owned capital in several sectors, such as banking, which grew very fast at the end of the 19th century ... Greek expatriate ...
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Economy seen soaring 6% in 2022

Ekathimerini 16 Apr 2021
HSBC and Deutsche Bank analysts may be setting the bar very low this year for the Greek economic rebound, but anticipate 2022 will be a year of spectacular recovery for the country, boosted by the Next Generation EU resources ... However, the German lender projects a 6.1% expansion of the Greek economy in 2022, second only to Spain’s 7.4% rebound.
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EIB and Greece agree first in EU to co-manage €5 bln of recovery plan

PV Magazine 16 Apr 2021
EU finance body the European Investment Bank (EIB) has signed an agreement with the Greek finance ministry “to help manage up to €5 billion as part of Greece’s implementation of the national recovery and resilience plan, known as ‘Greece 2.0,’” according to a statement released.
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Sydney commemorates the 80th anniversary of the Battle of Crete (VIDEOS)

Greek City Times 15 Apr 2021
... Vice President of the Greek Returned Servicemen League of NSW Peter Tsigounis, New Zealand RSL representative Margaret McInroy, Delphi Bank representatives Nick Kalikajaros and Tom Christopoulos, as well as representatives from various Greek communities across New South Wales.
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ESM analyst: Debt remains sustainable

Ekathimerini 15 Apr 2021
The pandemic may have led to an increase in the Greek national debt and the long-term risks, but the country is not going through another debt crisis, the European Stability Mechanism’s chief economist Rolf Strauch stressed in an article ... Furthermore, the structure of the Greek ...
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Popular Concord eatery facing closure after building bought by bank

Concord Monitor 14 Apr 2021
... the Greek eatery.“It bothers me a lot,” Maloutas sai...
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Greek economy seen growing by 4.8% in 2022, central banker says

Ekathimerini 12 Apr 2021
... Greek government imposed to contain the spread of the coronavirus pandemic. In an interview with Greek Antenna television aired on Sunday, Bank of Greece Governor Yannis Stournaras said that the bank’s growth projections were uncertain as the pandemic still posed serious risks.
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Card for kids’ pocket money

Ekathimerini 10 Apr 2021
Greek-owned financial technology startup Woli is creating a digital bank for children ... The company has created a banking app designed for families with children aged between 10 and 18, through which parents can create a bank account for their children.
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$50,000 Grant from The Hellenic Initiative Fights Hunger in Athens

The National Herald 09 Apr 2021
ATHENS – Athens Food Bank, a member of the European Food Banks Federation (FEBA) since 1995, helped many needy families during Greece’s 10-year crisis ...The Food Bank illustrates the reality that the effects of the Greek economic crisis will linger in the form of a weakened ability to confront new challenges.
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The Hellenic Initiative announces $50,000 grant to fight hunger in Athens

Greek City Times 09 Apr 2021
The Hellenic Initiative (THI) has announced a $50,000 grant to be given to the Athens Food Bank, to support the organisation’s Emergency Food Fund ...The Food Bank illustrates the reality that the effects of the Greek economic crisis will linger in the form of a weakened ability to confront new challenges.
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