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National Bank of Greece has announced the successful completion of the Etalia B transaction, involving the sale of non-performing exposures. The deal concerns a portfolio of non-performing loans with €0.1 billion in outstanding principal, representing a further step in the bank’s ongoing efforts to streamline its balance sheet. The portfolio was transferred to Creditable Opportunities Fund SCA SICAV-RAIF, an acquisition vehicle affiliated with the EOS Group, while management

Athens has announced that all options are being considered in the fight against black market gambling, including prison sentences and consumer fines for repeated participation on illegal websites. Greece is moving forward with plans to become the first EU country to introduce a “comprehensive framework” specifically targeting illegal gambling activities and associated crimes. The initiative comes from Kyriakos Pierrakakis, Minister of National Economy and Finance, who is adva

The Greek government is moving forward with sweeping reforms to its legislation targeting illegal gambling, introducing stricter criminal sanctions aimed not only at operators but also at repeat participants. Authorities say the measures are necessary to combat what they describe as a fast-growing underground market that is reducing public revenue streams while exposing younger individuals to unregulated and potentially harmful gambling environments. Athens has confirmed that

Greece has taken another step in shedding the legacy of its sovereign debt crisis by repaying a portion of its eurozone bailout loans well ahead of schedule, a move aimed at strengthening investor confidence and reducing long-term borrowing costs.   This week, Athens completed the early repayment of €5.3bn in loans issued under the first eurozone bailout programme. These obligations were originally set to mature after 2031, with some extending into the 2040s. Paying them down