United Kingdom

George Georgiopoulos

Greek parliament calls on Germany to pay WW2 reparations

17 Apr 2019

ATHENS The Greek parliament voted on Wednesday to launch a diplomatic campaign to press Germany to cough up billions of euros in damages for the Nazi occupation of the country in World War Two, an issue Berlin says was settled long ago.

Greek banks repayment of emergency funding a credit positive - Moody's

04 Apr 2019

* Greek banks eliminate emergency borrowing from Bank of Greece

Vogue magazine makes comeback in Greece as debt crisis ebbs

31 Mar 2019

ATHENS Fashion magazine Vogue hit the newsstands in Greece on Sunday, relaunched after a seven-year absence as publishers bet that the country's economic recovery after a debt crisis will revive an appetite for glossy fashion and lifestyle prints.

UPDATE 1-Profits fall at Greek banks Alpha, NBG with focus on bad loan reduction

28 Mar 2019

* Alpha Bank swings to 0.4 mln euro loss in Q4 (Adds details, CEO comment)

UPDATE 1-Aegean Air sells bond, raises 200 mln euros for fleet renewal

08 Mar 2019

ATHENS, March 8 Greece's largest carrier Aegean Airlines has raised 200 million euros ($224.20 million) from an oversubscribed bond offering, the banks leading the deal said on Thursday.

Eurobank reports lower 2018 profit on weaker operating income

07 Mar 2019

ATHENS Greece's third-largest lender Eurobank on Thursday reported lower full-year 2018 net profit as operating income declined, but said it was on track to deliver on a plan to transform its business by year-end.

Greek economic expansion slows in fourth quarter, recovery on track

07 Mar 2019

ATHENS Greece's economy shrank in the last three months of 2018 after expanding for nine consecutive quarters, government data showed on Thursday, with the annual pace of growth also slowing.

Greek housing sector extends rebound amid economy's recovery

05 Mar 2019

ATHENS A recovery in Greece's housing market gained momentum in the last quarter of 2018, central bank data showed, suggesting that a recovering economy and growing foreign interest might lift property prices further.

Aegean Airlines set for 7-year bond issue to fund fleet renewal

04 Mar 2019

ATHENS, March 4 Greece's largest carrier Aegean Airlines will proceed with a sale of bonds on March 5-7 to raise up to 200 million euros ($226.86 million) for down payments on new Airbus aircraft and the construction of a new pilot training centre.

Greece gets drastic on sour loans with securitisation schemes

20 Feb 2019

ATHENS Greek authorities want banks to clean up their loan books faster, and they have put together new schemes to help lenders offload bad debt by wrapping it into asset-backed securities.

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