Latest News for: Greek banking


‘Greece 2.0’ attracts investors

Ekathimerini 08 May 2021
European Investment Bank President Werner 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.

ATHEX: Piraeus drop drags main index down

Ekathimerini 07 May 2021
On the day that 1.2 billion new Piraeus Bank 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 ...

Atlanta’s historic homes tell a story

Atlanta Journal 07 May 2021
It is an 1839 Greek Revival mansion that was the home of Martha Bulloch, mother of Theodore Roosevelt ... Building, formerly the Federal Reserve Bank in the early 1900s.”. The Skelton-Teasley House is an 1856 Greek-Revival-style house that is known as the oldest building in Roswell.

11th anniversary of fatal Marfin Bank arson attack

Greek City Times 06 May 2021
It has been 11 years since the firebomb attack on a branch of Marfin Bank 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, ...

Descendants of Constantinopolitan Greeks on Returning to the City

The National Herald 06 May 2021
Beginning in 1964, the Turkish government also stripped 60,000 members of the Greek community of citizenship and Greeks were not allowed to sell their houses and property or take money out of their bank accounts before they left, according to a report from the Human Rights Watch.

ATHEX: Turnover grows on mixed day

Ekathimerini 06 May 2021
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.

31 actors in Hollywood with Arab roots: From Ariana Grande and Rami Malek to Jerry Seinfeld and Zoe Saldana

Gulf News 06 May 2021
He spoke five languages (French, Greek, Italian, Spanish and Arabic) and banked on people not pinpointing where he was from so he could land more roles (yes, the ambiguous minority goes way back in Hollywood…) Sharif was nominated for an Oscar for his role in ‘Lawrence’, and got two Golden Globe awards.

Tsipras: Ensuring Public Safety and Viability of Tourism Sector Vital Ahead of Reopening

The National Herald 05 May 2021
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.

New 5-year bonds issued by Greece

Greek City Times 05 May 2021
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.

We're looking at the Greek economy with confidence, Piraeus Bank CEO says

CNBC 05 May 2021
Christos Megalou discusses the bank's recent capital raise and the outlook for the Greek banking sector ... .

Greece plans five-year bond to help pay for pandemic aid

Urdu Point 05 May 2021
In a statement issued on the Athens stock exchange late Monday, the Greek debt agency said that banks, Barclays, BofA Securities, Citi, Commerzbank, Morgan Stanley and Societe Generale would lead ...

Greece's cafes, restaurants reopen after 6 months of COVID-19 closure

Xinhua 04 May 2021
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.

Greek police pressed to answer migrant pushback claims

Arab News 29 Apr 2021
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.

Viva Wallet secures $80 million financing

Greek City Times 28 Apr 2021
The Greek payments firm, which last year acquired Praxia Bank’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.

Greece’s Viva Wallet raises $80M for its neo-bank targeting small business merchants

Crunch 28 Apr 2021
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.