BANKING


Taxman online with banks
TAXATION

Millions of bank accounts of taxpayers and companies will soon be targeted by the tax authorities, with the use of the new system which will scan all their movements.


Stournaras: ECB must cut rates twice before August
ECONOMY

The European Central Bank must lower borrowing costs twice before its August summer break and two more times before the end of the year, without being swayed by the US Federal Reserve, Bank of Greece chief Yannis Stournaras has said.

Talks on small card payments
BANKING

The government is considering an Italian model for small-value transactions, seeking an agreement with those involved in the system of issuing and accepting cards to reduce fees. 

Warning on local credit sector’s greed
BANKFLATION

The interest rate hikes by the European Central Bank and the increase in net interest income lead to an excessive accumulation of profits in Greek and European banks and fuel the inflation of banking greed (“bankflation”), warns the Center for Planning and Economic Research (KEPE).




Attica Bank reports efficiency, profitability
ECONOMY

The year of 2023 was a landmark for Attica Bank, marking the lender’s consolidation, recovery and return to operating profitability after a long glut, according to a statement issued by the bank on Thursday.


ABBank set to change hands
BUSINESS

A preliminary agreement for the acquisition of a package of shares in Aegean Baltic Bank (ABBank) has been signed.

ECB to hold rates and take baby steps towards first cut
ECONOMY

The European Central Bank is set to keep interest rates at record highs on Thursday and take baby steps towards cutting them in the coming months as inflation continues to fall despite stubbornly high underlying price pressures.