Financial stability

OECD Report: Greek Real Estate Prices Have Soared 69% Since 2017

An OECD report highlights a staggering 69% rise in Greek housing prices since 2017, worsening the affordability crisis for local…

2 months ago

HFSF to Initiate Sale of Up to 12% Stake in National Bank of Greece Next Week

Greece's bank bailout fund, the Hellenic Financial Stability Fund (HFSF), will begin selling a stake of up to 12% in…

4 months ago

Moody's Upgrades Greece's Economic Outlook to Positive Amid Banking and Fiscal Reforms

Moody's has upgraded Greece's economic outlook to positive, reflecting significant improvements in the banking sector, robust fiscal performance, and successful…

4 months ago

Greece to Complete Bank Privatisations with October Sale of Final Stake

Greece is set to finalise its post-crisis bank privatisations by early October with the sale of its remaining stake in…

5 months ago

Greek Banks to Pay Dividends for the First Time in 16 Years

For the first time since 2008, Greek banks are set to distribute dividends totaling €814 million this summer, marking a…

6 months ago

Turkey’s Central Bank Posts Record $20 Billion Loss

Turkey's central bank revealed a staggering loss of 818.2 billion lira ($25.25 billion) for the year 2023, according to a…

9 months ago