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Greek banks to re-open on MondayThe Greek government ordered banks to open on Monday, three weeks after they were shut down to prevent the system collapsing under a flood of withdrawals, as Prime Minister Alexis Tsipras looked to the start of new bailout talks next week. More… |
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Qatar to pump $704m into Greek bank mergerQatar will inject 500 million euros ($704.3 million) into the merger of Greece's Eurobank and Alpha Bank, set to be announced later in the day, a banking official involved in the deal said. "There will be a capital injection from Qatar via More… |
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Leading Greek banks set for mergerGreece's second and third largest banks, Eurobank and Alpha Bank, are set to announce on Monday a merger deal to better cope with a severe sovereign debt crisis and recession, banking sources said. The expected deal, which would creat More… |
