During the WWII occupation of Greece, the Nazi regime imposed a forced occupation loan on the country. This controversial topic is explored in detail by journalist and political analyst Giorgos Harvalias. The Nazis systematically pillaged Greek assets, exploiting the country's economy for their own gain. Despite the immense damage caused, Greece continues to seek reparations from Germany for the forced loan.
Tag: National Bank
Greece's Hellenic Financial Stability Fund (HFSF) has finalised the price of the National Bank of Greece equity offering at €7.55 per share. The sale, which involved a 10% stake in the bank, was met with high demand, being oversubscribed by 12 times. This marks a significant sign of investor confidence in Greece's banking sector.
The upgrades mainly reflect Fitch's improved assessment of Greece's operating environment (OE) to 'bb+'. We expect the Greek economy to continue to outperform the eurozone average. Paired with falling unemployment and the deployment of the country's Recovery and Resilience Fund, this should support banks' ability to capture profitable business opportunities," the credit ratings agency said.
Moody's has upgraded the deposit ratings for National Bank and Piraeus Bank, citing improvements in their financial fundamentals. National Bank's ratings were raised to Baa2/P-2, while Piraeus Bank's ratings moved to Baa3/P-3.
Greece's electric taxi initiative, driven by SirecEnergy, Ethniki Leasing, and FREENOW, holds promise in transforming Athens' transportation landscape towards a more sustainable future. By addressing the identified challenges and capitalizing on the strengths of this collaborative effort, the program can effectively promote electric taxis and contribute to a cleaner, greener city.
Greece on Monday announced plans to sell a 20 per cent stake in the National…
A National Bank's regular general shareholders' meeting on Friday renewed the bank's CEO term for…
A survey presented in Thessaloniki on Wednesday by Margarita Katsimi, a professor at the Economics…
Athens Stock Exchange ended trading on a high on Thursday closing at 731.19 points, rising…