Tag Archives: bank

With an urgent request, the president of Greece’s Anti-money Laundering Authority has asked authorities in Panama to provide information on whether an amount totaling 20 million euros have been transferred from Qatar to bank accounts, which may have been opened in the name of Eva Kaili and partner Francesco Giorgi. …

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Greek MEP and former EP vice president Eva Kaili admitted under questioning in Belgium that she had asked her father to hide part of the money that was in her home, Brlgian media “Le Soir” and “Knack”as well as Italian “Republica” reported. The media noted that Kaili has “partially confessed”, …

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Greek Police is investigating the raiding of four deposit boxes at a bank branch in ​​Psychiko suburb of  northern Athens. The thieves stole jewelry, cash and other valuables items worth more than 5 million euros. The theft was noticed on November 13, when the owner of one of the boxes …

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The latest Penal Code amendments grant bank executives immunity for bad loans and returns to suspects of money-laundering their frozen assets. Bank executives accused of breach of trust are protected from the independent intervention by a prosecutor, and people suspected of criminal fraud and money-laundering will see their frozen assets …

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Holders of Greek credit and debit cards will be charged with a commission of 2-3 euros per transaction when they withdraw money from the ATM of another bank. The charge will be equivalent to the amount of withdrawn money. The measure is to be implemented as of July 20, 2019. …

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Private sector deposits in Greece’s banks increased by 841 million euros in July, Bank of Greece said on Tuesday. Deposits stood at 130.2 billion euros in July when they were 129.4 billion the previous month. In July 2018, the annual growth rate of total credit extended to the economy stood …

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Greece’s Finance Ministry has reportedly already prepared a new legislation that will further loosen capital controls and spectacularly raise the monthly cap of cash withdrawals for natural persons.  The new measure will allow bank account holders to withdraw up to 5,000 euros per month. Since 1. March 2018, the withdrawal …

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The offices of Popular Unity (LAE) party, a left-wing party devoted to protest auctions, are to be auctioned on Wednesday. The officer the party of former SYRIZA heavyweight and ex Energy Minister Panagiotis Lafazanis, are to be auctioned due to outstanding debts of the property owner. According to LAE, the …

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An elderly women got evicted from her own home in Kalamaki, Corinthos in North Peloponnese for a debt that it was not even hers. It was her son who had got a loan of 20,000 euros but was not paying back the installments. The elderly women had co-signed the loan …

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Private sector bank deposits increased for a third consecutive month in July 2017, according to the Bank of Greece (BoG), with the total reaching 121.25 billion euros during that month, nearly a billion euros above the figure for the previous month of May 2017. “Nevertheless, deposits in the still bailout-dependent …

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An explosion occurred in the car of former prime minister Lucas Papadimos short after 6:30 pm on Thursday in Athens. Papadimos was in the car together with two bodyguards. Two people were injured and taken to hospital. Not known if Papadimos among the injured. Reason for the explosion not known …

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A bomb exploded outside a bank branch in downtown Athens on Wednesday night. According to first reports, an anonymous called had warned a news website that the bomb would explode in 35 minutes. Police and anti-terror units found a suspicious school bag outside the bank branch in Santarosa street in …

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The atmosphere in court room was tense on Wednesday afternoon in Thessaloniki. Members of the local solidarity movement had flocked to express solidarity with a man with disabilities who was about to lose his home due to debts to the bank. At the same time, several police squads in full …

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Millionaire for a couple of hours: 200 million euro are booked in the bank account of a farmer in Crete. The thrill lasted only a couple of hours as it turned out it was an “accounting error.” The vice president of the Union of Agricultural Cooperatives in Heraklion, Myron Chiletzakis, …

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Sunday… Monday… Tuesday… Wednesday… Four very crucial days that will determine whether the average Greek will still be able to withdraw a couple of euro banknotes from the ATMs, whether the pensioner will be able to get hold of the whole of his July pension.  Whether the Greek banks will …

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A unbelievable accident occurred in an Athens on Tuesday, when a money transport cart overturned inside an elevator and bags full of coins claimed a victim. A 47-year-old security guard. According to Greek media, the security guard was taking the transport cart full of coins in bags from the ground floor …

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