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Bank-financed property transactions rise a notch

The last few months have seen a significant improvement in funding from banks for property transactions, according to the latest…

Banks ready to start funding shipping again, says NBG chief

National Bank of Greece chief executive Alexandros Tourkolias confirmed Greek banks’ return to the financing of the shipping industry.

Retirement age to increase by up to six years for some

According to the government’s proposed changes submitted to the country’s creditors, it is attempting to put an end to special…

Some 32.5 bln fled abroad on fears of Grexit

The amount of capital that was transferred out of Greek banks between late 2009, when the extent of Greece’s economic…

One in 10 bad debtors still has high deposits

A few months ago an employee at a major Greek bank who had just transferred to its newly created nonperforming…

Insurance claims for Attica flood damage reach 4 mln euros

Insurance companies will have to pay out more than 4 million euros in compensation to customers who were affected by…

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