The year is ending on a positive note for Greek banks as, according to credit sector officials, the amount of deposits in the local system increased by about 500 million euros in November, while December is expected to fetch an additional 2 billion euros into bank accounts. The banks’ estimates for the end of the […]
The Justice Ministry on Thursday pledged to allot an additional 3 million euros by the end of the year for improving conditions at the country’s prisons, which have been criticized by rights groups for failing to adhere to European standards. Speaking at a two-day educational program organized with the Council of Europe in Athens, Justice […]
The Church of Greece has announced that it paid 3.5 million euros in taxes this year. It also said it suffered losses of 1.5 million euros after expenses exceeded revenues.
The European Stability Mechanism (ESM) announced in a tweet on Tuesday that its board of directors authorized the disbursement of Greece’s 1-billion-euro loan tranche, after the country completed all prior actions required by its lenders. “ESM Board of Directors just authorized the disbursement of €1bn to #Greece, #ESM press release will follow shortly,” ESM tweeted.