Latest News for: Greek banking


OTD in 1944: 228 innocent Greeks were killed by Nazis in the Distomo massacre

Greek City Times 10 Jun 2021
During the occupation of Greece by the Nazi Germans during World War II, they not only looted the country of all its physical wealth but committed numerous war crimes and massacres of the Greek population throughout the country ... That amount includes a loan that Greece was forced to grant the German central bank.

Dendias on massacre of Distomo: We have not given up on claiming German reparations

Greek City Times 10 Jun 2021
Greek Foreign Minister Nikos Dendias posted on social media about German reparations on the occasion of the Nazi massacre of Distomo in 1944 ... The cost of the damage caused by Nazi Germany in Greece during the war has been estimated at €289 billion ($339 billion) by a Greek parliamentary commission.

Greek Bank Stocks Surge and One Lender Looks to Take Advantage

Wall Street Journal 09 Jun 2021
Greek banks, once at the epicenter of Europe’s financial troubles, have been a hot bet for investors anticipating a strong economic rebound from the Covid-19 pandemic.

Fresh debt market foray on Wednesday

Ekathimerini 09 Jun 2021
Certainly the PDMA is riding the wave of strong support from the European Central Bank, which continues to buy more bonds than the country issues, as it has acquired Greek debt of €25.7 billion in the last 15 months against €18.5 billion that Greece has issued in bonds.

ATHEX forum sees record participation

Ekathimerini 08 Jun 2021
... institutional investors to the Greek capital market ATHEX has already planned for the creation of a bank index in the derivatives markets and an Environment, Social and Governance (ESG) index that may be as big as the benchmark.

Greek-American Mary Zoghopoulos Dies, Aged 96

The National Herald 08 Jun 2021
Mary worked as a bank teller for Central Savings Bank in Lowell until her retirement and was a member of the Holy Trinity Greek Orthodox Church in Lowell ... Angel A ... Her Funeral Service was held on Friday, June 4th, 2021 at the Holy Trinity Greek Orthodox Church and interment followed in Westlawn Cemetery ... .

Q1 exceeds expectations

Ekathimerini 06 Jun 2021
The Greek economy outperformed all expectations in the year’s first quarter, contracting by just 2.3% year-on-year, while posting a 4.4% quarterly growth from the October-December 2020 period, according to provisional data published by the Hellenic Statistical Authority (ELSTAT) on Friday.

Upstate monks overwhelmed with requests to train pandemic pups

New York Post 05 Jun 2021
More On.. dogs ... cops ... They arrived in upstate Washington County with their beloved German shepherd mascot, a failed seeing-eye dog named Kyr (“bishop” in Greek) ... The group’s first location — a farm near the banks of the Batten Kill River — was too close to a recreational property, and rock music played by summer revelers made solitude impossible ... ... ... .

This Week in History: June 4th to June 10th

The National Herald 04 Jun 2021
He was among the founders of the Socialist Democratic Union which organized and mobilized Greeks working and studying in Western Europe against the colonels’ junta ... Zolotas also served as the director of the Bank of Greece and published many works on Greek and international economic topics.

Susan Sarandon and Geena Davis Set for ‘Thelma & Louise’ 30th Anniversary Drive-in Event

The Hollywood Reporter 04 Jun 2021
To be held June 18 in partnership between MGM and Cinespia’s Drive-In at The Greek in Los Angeles, the event will serve as a benefit for the LA Regional Food Bank and The Geena Davis Institute On Gender In Media. It will kick off with a conversation between stars ...

Susan Sarandon and Geena Davis to take part in ‘Thelma & Louise’ anniversary drive-in

NME 04 Jun 2021
READ MORE. ‘Queen & Slim’ review ... As noted in The Hollywood Reporter, the event will be held on June 18 in partnership between MGM and Cinespia’s Drive-in at The Greek in Los Angeles. Raising money for the LA Regional Food Bank and The Geena Davis Institute on Gender in Media, the event will begin with a conversation between Sarandon and Davis ... .

Greek SMEs Call for Government Support Measures

The National Herald 02 Jun 2021
ATHENS -- Greek small and medium-sized enterprises (SMEs) on Wednesday urged the state to adopt a series of necessary measures to deal with the impact on them of the pandemic, Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) said in a report on Wednesday.

Greece’s cultural economy in need of bold action

Ekathimerini 02 Jun 2021
After all, the mapping of the Greek cultural economy reveals persisting mismatches that speak for themselves ... 22 of our Internal Revenue Code is illustrative; same with Article 47 Paragraph 8 of the IRC where only funds donated directly to the Greek state and/or the municipalities are tax deductible).

Greece: Staff Concluding Statement of the 2021 Article IV Consultation Mission

International Monetary Fund 02 Jun 2021
Supervisory and ECB accommodation shielded the banking sector and kept financial conditions highly supportive ... Further, the uncertain extent of pandemic-related Non-Performing Exposures (NPEs) could affect banks’ securitization plans and curb credit growth ... of Greek bond spreads.

National Historical Museum Presents Revolution '21 Reframed

The National Herald 01 Jun 2021
In the framework of the Piraeus Bank's anniversary actions for the Bicentennial of the Greek War of Independence in 1821, the exhibition ΕΠΑΝΑCYΣΤΑΣΗ '21 (Revolution '21 Reframed) will also travel to three museums of the Piraeus Bank Group Cultural Foundation (PIOP).