National Bank of Greece

Economic prosecutors will summon 60 people in a new investigation into the funding of political parties in the period from 2002 until 2012.

The probe will focus on about 50 former banking executives and 10 party cadres for possible breach of faith and instigation to breach of faith, respectively.

Swiss photographer Frederic Boissonnas made two trips to Thessaloniki, in 1913 and 1919, capturing the northern port city at two important times in its history: during its liberation from Ottoman rule and after the devastation of the 1917 fire that razed almost the entire city center.

Ethniki Insurance has announced pretax profits of 34.1 million euros for the first half of the year, 28.6 percent less than the same period of 2017.

The drop in earnings from last year's 47.8 million euros is attributed to the one-off revenues recorded in 2017 from the sale of stakes in foreign companies.

The second-quarter financial results published by the National Bank of Greece (NBG) on Friday reflected the gradual strengthening of operating profits and of liquidity, and the achievement of the target for the reduction of nonperforming exposures for the entire 2018 already from the first half of the year.

The European Investment Bank and National Bank of Greece have signed a funding agreement up to 200 million euros aimed at financing small and medium-sized enterprises, forming part of the so-called Juncker funding package.

The funding is supplied through the private placement of covered NBG bonds.

The management of National Bank of Greece told the lender's annual general meeting on Thursday that it will place emphasis on the lender's full transformation through changes to its operational model to meet the challenges of the time and the economy's funding needs.

The National Bank of Greece's deputy chief executive, Paul Mylonas, has been appointed its new CEO after Leonidas Frangiadakis resigned in May.

The economist has been the acting CEO at National Bank, Greece's largest lender by assets, since his predecessor's resignation, and deputy CEO since June 2014.

Last Friday's decision by Standard & Poor's to upgrade National Bank of Greece's covered bonds to investment grade will be crucial for the Greek lender in its accessing international markets and contributing toward the general improvement of liquidity in the local market.

A new system to support electronic tickets for the country's museums and archaeological sites has been fully installed at several of the country's main sights, the Culture Ministry said on Monday. 

A new system to support electronic tickets for the country's museums and archaeological sites has been fully installed at several of the country's main sights, the Culture Ministry said on Monday.