European central bank

Moody's Remains the Sole Major Rating Agency to Keep Greece Below Investment Grade

Moody's Remains the Sole Major Rating Agency to Keep Greece Below Investment Grade

Moody's is the only major rating agency that continues to rate Greece below investment grade, reflecting ongoing concerns about the…

2 months ago

Greek National Bank Holding Steady Despite Slight Profit Slump

National Bank of Greece (NBG), the country's second-largest lender, reported a relatively stable net profit for 2023 despite a decline…

2 months ago

Greece in the top 5 European countries with the most expensive loans - What's the situation with deposits?

Greece is consistently in the top 5 European countries with the most expensive loans, both for housing and consumption in…

6 months ago

JUST IN - European Central Bank hikes interest rates by 0.25%

JUST IN - European Central Bank hikes interest rates by 0.25%. Inflation outlook continues to be 'too high for too…

1 year ago

Greece is an "extreme case" of high cash income, says ECB

The European Central Bank (ECB) has found that Greece is an "extreme case" of cash still being used as a…

1 year ago

Greek economy set to double in growth after revised outlook

The Greek economy is set to double in growth after the Bank of Greece (BoG) revised its growth outlook to…

2 years ago

Europeans praise Greek banking sector progress

Greece's progress in the banking sector and its economy was praised by European financial institutions  mission chiefs on Thursday, during…

2 years ago

Europe rebukes Turkish President attack on Prime Minister Mitsotakis

Europe rebuked the recent verbal attack on Greek Prime Minister Kyriakos Mitsotakis by Turkish President Recep Tayyip Erdogan when he…

2 years ago

Greek state bond yields continue falling

Greek state bond yields fell again on Friday following a significant decline on Thursday. A cautious stance adopted by the…

3 years ago

Greece is a success story: Mario Draghi

Outgoing European Central Bank (ECB) President, Mario Draghi on Thursday referred to Greece as a success story. Draghi made the…

5 years ago

Greek PM gives conditional support for EU ‘Presidential’ nominees

Greece’s Prime Minister Alexis Tsipras gave conditional guarantees for his support to the new nominees for the positions of President…

5 years ago

Greek budget under EU spotlight today

Greece's draft budget including the introduction of positive measures to deter any possible pension cuts will be discussed at todays…

6 years ago

Greek bank shares drop due to overreaction

A Financial Times report referencing the significant drop in bank share prices yesterday at the Athens Stock Exchange, noted nonetheless…

6 years ago

European Central Banker praises Greek Government

Bernard Delahaye of the European Central Bank praised the Greek government today for its “remarkable work” in recent years as…

6 years ago

European Central Bank makes 7.8 billion euro from Greece’s financial crisis

The European Central Bank (ECB) has made €7.8bn in profits from its holdings of Greek government debt, according to a…

7 years ago