10.09.2021 / 04:00

The nonperforming loans of Greeks banks were reduced to 29.4 billion euros at the end of June, which constitutes a considerable drop by €31.6 billion or 69% from a year earlier, according to official data.

05.09.2021 / 10:45

Greece still has a long way to go to match the European average rate in digital transactions, as European Central Bank data on the use of online means per citizen show.

27.08.2021 / 11:15

The government wants to extend by three months a program subsidizing housing loans for households affected by the economic crisis caused by the Covid-19 pandemic.

26.07.2021 / 08:44

The Eurobank group is further expanding its presence abroad with the acquisition of a 12.6% stake in Hellenic Bank, in Cyprus, implementing its strategic plan for strengthening its hold in markets where it is already active.

25.07.2021 / 21:08

The network of Greek banks across the country keeps shrinking year after year, especially outside the country’s two biggest cities, the capital Athens and Thessaloniki.

22.07.2021 / 18:52

Checks that have stayed on ice for many months constitute a ticking time bomb for the economy, as they add up to 4 billion euros and will have to be cashed at some point, alongside the other accumulated debts of €40 billion.

21.07.2021 / 23:30

One in three loans owed by households and corporations are already owned by foreign funds, fueling their growing presence and turning them into vital players in economic developments.

20.07.2021 / 19:10

In what is expected to have a transformational effect on the country, the new National Strategic Reference Framework (NSRF, or ESPA in Greek) for 2021-27 will amount to 26.1 billion euros, envisaging an increase in the funds that will be allocated to the 13 regions of the country to the tune of €2.2 billion euros compared to the previous period.

19.07.2021 / 04:00

The first batch of European loans from the Recovery and Resilience Fund of Next Generation EU will start being disbursed for the financing of private investments before long, with Greece’s large enterprises working feverishly to prepare and submit investment plans.

14.07.2021 / 20:00

The Bank of Greece will use an online platform to monitor the debt arrangements that banks and servicers agree with their debtors in the context of the new Ethics Code that has been revised and started applying in early July.

06.07.2021 / 22:32

The sale of MetLife to Dutch insurer NN is creating the biggest life insurance company in Greece with a life and health market share of 31% and an overall insurance market share of 18%.

05.07.2021 / 04:00

The debt crisis of the previous decade continues to hamper credit expansion, preventing strong growth in bank activity and Greek entrepreneurship.