Greek Banks Articles and News

Moody’s Upgraded The National Rating Of Greece

Moody's Upgraded The National Rating Of Greece National rating of Greece adjusted by two notches – with a Saa3 to Caa1. The Moody’s financial rating agency explains its increasing noticeable improvement of economic prospects. Read more »

Tax Cuts In Greece: The Public’s Expectations On A Background Of Creditors’ Skepticism

Tax Cuts In Greece: The Public's Expectations On A Background Of Creditors' SkepticismThe head of the Greek government Antonis Samaras promises to reduce taxes. Population hopes to take this step, but it is ready thereto, the country’s economy? Read more »

Property Taxes in Greece

Property Taxes in GreeceFrom 1 January 2014 in Greece came into effect a number of changes in tax legislation. Their goal is to encourage investment in the real estate of the country, which is still in a difficult economic situation. Read more »

Bank of Greece

Bank of GreeceBank of Greece is the central (formerly National) Bank of Greece. It was founded a bank in 1927 and began operations in 1928. Read more »

Piraeus Bank has become “Best Bank in Greece” in 2014

Piraeus Bank has become "Best Bank in Greece" in 2014Internationally renowned magazine Global Finance named Piraeus Bank “Best Bank in Greece” in 2014. The entire selection was carried out by editors Global Finance, based on detailed consultations with bankers, corporate financial executives and analysts from around the world. Read more »

Overview of the Greek Economy

Overview of the Greek EconomyGreece is an industrial-agrarian country. The country occupies the 37th place in the world in terms of GDP growth and 33rd – by purchasing power parity. According to the Human Development Index, 2007, inclusive, released October 5, 2009, Greece ranked 25th in the world and belongs to the “developed countries”. Read more »

The success of the recapitalization of Greek banks will depend on the return of their money in citizens

recapitalization of Greek banksThe success of the recapitalization of Greek banks will depend on the return on investments of about 20 billion euros, which citizens taken abroad or kept at home. Read more »

IMF worried that the Greek economy will require additional billions of euros

IMF worried that the Greek economy will require additional billions of eurosAnalysts of the International Monetary Fund warned that the next year in Greece may need further financial assistance in the amount of 11 billion euros. Read more »

In January-July recorded a primary surplus of Greece’s budget by 2.6 billion euros – the Ministry of Finance

Greece budgetIn the period from January to July this year recorded a primary budget surplus of Greece in the amount of EUR 2.6 billion, excluding the cost of servicing the national debt, as reported Deputy Minister of Finance of Greece Christos Staykuras. Read more »

Eurobank purchased Proton Bank

Eurobank purchased Proton BankThe General Council of the Greek Financial Stability Fund on Friday agreed that the bank will be sold to Proton Eurobank – one of the four largest Greek banks, as only the Eurobank submitted a binding offer, conforming to the requirements of the contest. Read more »