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Tag Archives: banks

Greece’s Bank deposits rise in September 2017

The Bank of Greece (BoG) announced that private sector deposits in the country increased by 52 million euros in September, compared to the previous month, reaching 1.047 billion euros in the country. The annual growth rate stood at 4.6 percent on a monthly basis, as capital controls remain in force …

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Court rules Debtors can claim Compensation from Collection Agencies

“Repeated calls from collection agencies to debtors infringe personality and debtors are entitled to compensation.” This is the final decision of a court in Athens after an attorney filed a lawsuit against two collection agencies. The court ruling opens the way for compensation to be claimed for “personality insult” when …

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EU lenders warn Greece of non-performing loans and “bail-in”

Greece’s European creditors have warned Athens that no funds would be released for the purpose of recapitalizing the Greek banking system if measures were not adopted to deal with the issue of the non-performing loans. According to newspaper “Kathimerini”, the institutions issued a stark warning that the Greek government would …

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Publisher, two journalists arrested on blackmail charges

Greek police arrested a publisher of a small daily newspaper and two journalists on charges of blackmailing officials at utility companies, public organizations and banks. The arrest followed an extensive investigation that started already in May 2015. According to Greek media, the three men were threatening company executives and bankers …

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