Attica Bank

OpenCalais Metadata: Ticker

BOAX

A question of ethics

Plenty has been said and written over the last few days regarding the operations of Attica Bank, Greece's fifth-largest lender.

First and foremost, however, the current situation has also brought to light an ethics issue which concerns, among other things, thousands of Greek pensioners.

Parliament calls Pappas and TV licenses’ owners

Most members of SYRIZA-ANEL “covered themselves” behind the President of the Institutions and Transparency Committee of the Greek Parliament that examined the New Democracy’s request to bring before the Parliament the four new TV channel owners, together with the Minister of State Nikos Pappas and the Representative of the Secretariat General of Information Eleytherios Kretzos.

Loan scandal looms over Attica bank

Attica Bank was granting loans which, in their majority, became nonperforming ones (NPLs), despite instructions to the opposite effect by the Bank of Greece (BoG), at a time when its deposits were shrinking, according to an inspection conducted jointly by the BoG and the European Central Bank's Single Supervisory Mechanism.

ATHEX: Stocks edge lower on very thin turnover

After the excitement witnessed at the Greek bourse on Friday, Monday's trade in Athens returned to a level better suited to mid-August than the end of September, as early gains evaporated and the benchmark ended close to the day's low, while trading volume dropped back below 30 million euros. The association of bourse investors is even considering calling for a reduction in trading hours.

Pages