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Tag Archives: ATE bank

Greece’s Banks Deal: Piraeus Bank Absorbs Healthy Assets of ATE Bank

Debt-ridden Greece sent a positive message to the Troika, as it announced that the country’s fourth-biggest lender Piraeus Bank took over the healthy assets of state lender Agricultural Bank (ATE). Greece’s lender had been pushing since summer 2011 for ATEbank’s restructure as it was the only bank that had failed to pass …

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Greek banks on 3h work stoppage, Dec 8

Talking about strikes…. The banks will be closed tomorrow, Wednesday, December 8, 2010  from 12:00 to 15:00 as Bank Employees’ Trade Union (OTOE) will go over to a work stoppage. OTOE is seeking to end attacks on collective bargaining and employees’ rights. After Piraeus Bank sabbatical years plans  and Agricultural Bank’s …

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