If the Bank of Greece did not operate under the protection of the institutional framework of independence, after what happened in 2015, the country would have perhaps left the eurozone, Bank of Greece (BoG) Governor Yannis Stournaras said on Saturday.
The issue of personal data and how easily it can be leaked has come to the fore again with a conservative MEP allegedly breaking the law.
The shipping industry pumped a staggering 623 million euros into the real economy of Cyprus last year, solely through ship management.
New lending by Cypriot banks declined significantly in January on a monthly basis, as it amounted to just 462.7 million euros, from €725.4 million in December.
The discussions held last week at the conference commemorating the 50th anniversary of the restoration of Greek democracy organized, among others, by Kathimerini, showed that the country’s political system can also articulate a reflective discourse that goes beyond the narrow limits of party confrontations.
NATO member Albania on Monday inaugurated a refurbished Soviet-era air base, the alliance’s first in the Western Balkan region. The air base is named after the small town of Kucova, 85 kilometers (52 miles) south of the capital Tirana. Officials said the new air base will serve as a modern hub of operations, for training…
The placement of the state’s stake in Piraeus Bank deservedly monopolized interest at Athinon Avenue on Monday.
“Hello, Mr Roussopoulos. Congratulations!” said a customer from another table at the taverna in Ilioupoli, where Kathimerini met on Tuesday with the first Greek politician to be unanimously elected the 35th president of the Parliamentary Assembly of the Council of Europe (PACE).
Greek banks eye dividends on a par with the European average in the coming years.
The Finance Ministry is planning for the reduction of the withholding rate for those who have debts to the state and collect money or proceed with the sale of real estate.