The key meeting between the finance minister and the heads of Greek banks, that will examine the terms and the timetable of the recapitalization process of the local credit system, has been postponed to Monday.
Minister Yannis Stournaras and the leadership of the Hellenic Bank Association will also discuss the imposition of an extraordinary levy on lenders so as to cover the 550 million euros of the dividend of the state support that banks have received through the issue of preferred shares, pending for 2012.
The process for the capital strengthening of sustainable banks will have to be completed by the end of April of 2013, so that the capital adequacy indices (Core Tier I) of banks reach the threshold of 9 percent of their assets.
An exchange of fire between police and a serial pharmacy robber in the central Athens neighborhood of Pangrati late on Thursday resulted in an officer being shot in the stomach though his bu...
They may have the image of Greek goddess Europa on them but for the next few weeks commuters in Athens will feel the frustration of mere mortals if they try to use new 5-euro banknotes to bu...
PAOK recovered some of the ground lost in the Super League playoffs by beating fellow Champions League-spot contender Asteras 2-1 at Tripoli on Wednesday, while PAS Giannina and Atromitos sh...
The league that in the last three years has produced the European basketball champion entered its playoffs on Tuesday and Wednesday with the first games of the quarterfinal round, with AGO R...
The dramatic appeal for a national mobilization in the face of a heightened threat of devastating forest fires this summer, which Public Order Minister Nikos Dendias voiced in Parliament on ...
The danger of wildfires breaking out across the country in the summer period is just as high this year just as it has been every other year before.
But, the tools and infrastructure availabl...