ATHENS, Oct 23 National Bank (NBG), Greece's second-largest lender will ask European Union competition authorities for more time to complete planned asset sales under an EU-approved restructuring plan, two bankers close to the matter said.
ATHENS, Oct 19 Piraeus Port Authority (PPA), operator of Greece's largest port, wants the Greek government to speed up the approval of an investment plan that aims to attract more business to one of Europe's largest harbours, executives said on Friday.
ATHENS Greece's National Bank (NBG) said on Wednesday it had ended talks with Shanghai-based Gongbao Group on the potential sale of a majority stake in its wholly-owned insurance subsidiary.
* NBG would not give details why it ended talks (Adds Gongbao statement, para 3)
ATHENS/FRANKFURT, Oct 12 Greece's largest lender by assets, Piraeus Bank, has told the European Central Bank that it may miss a year-end target to raise capital because of unfavourable financial markets, sources familiar with the matter said.
ATHENS Greek bank shares came under renewed selling pressure on Monday as a rout in Italy's bond market eroded appetite for riskier euro zone assets.
ATHENS Greece is working on an asset protection scheme to help its banks offload soured loans, and shared the details with EU competition authorities and banking supervisors, bankers and government officials said on Thursday.
ATHENS Greece is working on an asset protection scheme to help its banks offload soured loans, and shared the details with EU competition authorities and banking supervisors, bankers and government officials said on Thursday.
ATHENS Piraeus Bank said plans to issue debt to bolster its capital were on track on Wednesday as Greece's largest lender by assets faced a near 30 percent share price fall.
ATHENS Greece on Monday unveiled next year's budget draft, aiming to attain a bigger primary surplus than that agreed with its international creditors, projecting that economic growth will pick up to 2.5 percent.
Saudi Arabia's public prosecutor is seeking the death penalty for five out of 11 suspects charged in the murder of journalist Jamal Khashoggi, in a case that has strained the kingdom's ties with key Western allies, his office said on Thursday.