The latest target prices for shares of Greece’s major banks from leading international investment firms indicate a promising outlook for investors, according to analysts. Despite significant gains in ...

In a bid to prevent more funds from being withdrawn and avert financial collapse, on June 29, the government ordered the temporary closure of Greek banks and the Athens Stock Exchange. On June 26, ...

S&P Global Ratings' decision follows a series of consecutive upgrades for Greek banks, with the agency citing, among other ...

According to the Bank of Greece, in June 2019, NPLs amounted to €75.4 billion, down by €31.9 billion from their peak in March 2016. A number of important reforms have been implemented over the ...

After enduring six years of economic recession, the Greek banking system faces key domestic and global challenges. The most recent development, which had a catalytic effect on the sector, was the ...

The World Bank Group has been working with Greece since 2012 to help build a more competitive economy and provide better social protection for citizens. This work is helping the government put in ...

Greek depositors are still pulling their money out of the country's banks at a rapid pace. Data just out shows that €5.6 billion ($6.14 billion, £4.02 billion) left Greek banks during April.