Monday , May 27 2019
Home / Tag Archives: loans (page 2)

Tag Archives: loans

Expelled or not, former Hellenic Postbank CEO handcuffed in Athens

Former CEO of Hellenic Postbank Aggelos Philippidis was arrested on Wednesday morning right upon his arrival in Athens airport. He was immediately handcuffed by Greek policemen and taken to police headquarters and from there to the prosecutor. He will give testimony next Monday. Aggelos Philippidis is to face felony charges …

Read More »

Businessman couple sought by police for Hellenic Postbank loans surrenders to Scotland Yard

Greek businessman Kyriakos Griveas and his wife Anastasia Vatsika surrendered themselves to Scotland Yard in London shortly after Wednesday noon, Greek media report. The couple was sought by Greek police for ‘red loans’ it had received from the Hellenic Postbank.  An international arrest warrant had been issued as the couple …

Read More »

Greeks gets 1.6% of bailout loans – 98.4% goes back to Troika

Only a tiny 1.6% of the bailout loans goes to Greece’s state budget, the real economy and the people. The rest 98.4% goes to serve the international creditors International Monetary Fund, European Union member states and European Central Bank. For the years 2010-20124, from the 236.8 billion euro bailout money …

Read More »

Q&A: How Will a 50% Greek “Haircut” Affect Our Lives?

The rumors and the scenarios about a 50% ” Haircut” of the Greek debt and an “orderly default” , call it also “controlled bankruptcy”, keep whirling around the heads of ten million Greeks causing increased uncertainty and depression. With the tax hikes and the income decreases, the Greek household have already …

Read More »