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E.Tsiliopoulos

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How ECB interest rates will affect Greek banks: The good and bad scenario

An increase in Euribor interbank interest rates by 100 - 110 basis points compared to current levels is the ideal scenario for Greek banks, since as number-crunching has shown, such a development will help boost their organic profitability, without creating particular problems for customers servicing loans.

Turkey: Erdogan directly threatens Greece with war

In the run-up to today's Southeastern Europe Cooperation Process Summit in Thessaloniki on Friday in the presence of German Chancellor Olaf Scholz, Recep Tayyip Erdogan has ratcheted inflammatory rhetoric to an unprecedented degree.