Tag: banks

Yannis Stournaras

Recession looms as Greek economy set to shrink

The Governor of the Bank of Greece Yannis Stournaras, said on Tuesday that he expectes the country’s GDP to contract by 8.0% under the worst-case scenario. Stournaras made the comments during a…

call centre

Bank call centres receive record 90,000 calls a day

Greece’s banking sector has boosted its call centres with more staff after reporting more than 90,000 calls a day, at the end of the third week of a lockdown due to the…

euros

Greek stock market skyrockets

With news of the market sentiment turning positive after news of a slowdown in the death toll from the coronavirus in Europe, Greek stocks soared on Monday pushing the general index of…

Former Greek Prime Minister to be investigated 2

Former Greek Prime Minister to be investigated

Greece’s anti-money laundering authority will be investigating the bank accounts of Former Prime Minister Costas Simitis and members of his family, as well as two ministers in the Greek government of 2003,…

Tsipras meets Wilbur Ross to attract US investment to Greece 4

Tsipras meets Wilbur Ross to attract US investment to Greece

Greece’s Prime Minister Alexis Tsipras met with US Secretary of Commerce Wilbur Ross in the hope of shoring up US investment interest. Ross held a working luncheon for the Greek Prime Minister…