When the E.U. decided to crash the economy of a member state
As Mario Draghi and Europe΄s central bankers meet today in Cyprus, the «Cyprus scenario» is back in the news in Greece: on the evening of February 20, the representatives of…
As Mario Draghi and Europe΄s central bankers meet today in Cyprus, the «Cyprus scenario» is back in the news in Greece: on the evening of February 20, the representatives of…
The allegation: Cyprus received loans only on the condition that its banks sold their branches in Greece to a competitor in Athens at a fraction of their value. ThePressProject publishes…
A businessman whose company was shut down due to the financial crisis, is served a legal notice from London company, which in reality is a full subsidiary of Piraeus Bank,…
Three of Greece΄s top four banks failed the European Central Bank΄s health check but the country΄s central bank said only one bank had to raise any money, in a major…
George Provopoulos, the man who, according to the New York Times, held as much power inside his own country as few in the world, is now summoned to testify as…
Yanis Varoufakis and Klaus Kastner exchange notes on the ΄sordid relationship΄ between the MIG group and the Bank of Piraeus and the hundreds of millions of euros of loans between…
Betting against US subprime mortgages in 2007 made him a billionaire. Now John Paulson is betting (some of) his hedge fund’s money on the Athens Water Utility, a state company…
An article included in an omnibus draft bill due to be voted on in parliament this week will effectively let Piraeus Bank off the hook for many tens of millions…
The agreement reached between the troika and the government announced yesterday by PM Antonis Samaras is hailed by some as a sign of success and by others as more of…