The collapse of Silicon Valley Bank and the serious problems facing Credit Suisse will not have wider consequences for the European banking system, according to Greek bankers. This is because not only are the causes of the current turbulence different – and haven’t created chain reactions – but mainly because today the banking system worldwide…
Though education in technology is a must, “education should not underestimate and cannot replace the importance of traditional values and principles,” declared Panos Kourkountis, keynote speaker at last week’s Greener Shipping Summit.
Developments over the past week have felt eerily familiar for those of us who followed the global financial crisis in 2008. Analysts argued in early 2008 that Bear Stearns’ problems were a result of poor management and a failure to hedge risk.
The Association of Greek Archaeologists has said that one of its members who works on Mykonos received a threatening message with abusive content.
The decision by several hospitals in Athens to contract private ambulance companies to transport patients after the completion of their hospitalization has drawn a reaction from the Panhellenic Federation of Public Hospital Worker (POEDIN) and staff of the EKAV ambulance service, citing an unclear legal framework.
The date of Greece’s general elections should have already been announced. The country has been in campaign mode for weeks, which affects the work of ministers and the state.
Do the almost simultaneous bank crises on the opposite sides of the Atlantic imply a disaster like the Lehman Brothers collapse? Let’s start from the United States. Banking crises start suddenly but they typically have long-term causes.
The European Commission wishes to assist the Greek authorities in the official investigation into the causes of the Tempe railway disaster and in coming up with a railways framework that will be safer and more attractive to citizens, a government minister has said.
A 55-year-old woman who defrauded people of up to €184,000 by claiming she was a senior tax official has been sentenced to six year’s imprisonment by a Thessaloniki court.