Giorgos Houliarakis, Greece's alternate finance minister, said recently on state-run television network that it would be in the country's best interest to find any solution now to bailout talks rather than wait for a better solution later.
The Hellenic Banking Association (HBA) recently released the results of a study of Greece’s banking sector a year and a half into the imposition of capital controls, offering a snapshot of the country’s crisis-battered industry.
Union of the Greek Shipowners (EEE) President Theodore Veniamis outlined the organization’s efforts to push the European Union to recognize the International Maritime Organization (IMO) as a benchmark at a recent EEE meeting.
Between 2013 and 2014, the country of Bulgaria saw one of its largest and most successful banks get demolished by a trio of a corrupt judiciary, corrupt media, and corrupt government officials in a classic corporate raiding scheme.
A recent meeting of the current Greek leadership party's political council, chaired by Prime Minister Alexis Tsipras, has fueled speculation that the party will agree to demands from European creditors to conclude the second review of the Greek program.