Displaying items by tag: bankruptcy

The latest developments in the American financial system, after the collapse of Silicon Valley Bank and the subsequent bankruptcy of Signature Bank, do not cause any concern to the managements of the Greek banks.

It's curtain call for airline Primera Air, which is due to submit papers for bankruptcy on Tuesday 2 October 2018, leaving tourists stranded in Greece.

Deputy Finance minister Giorgos Mavraganis sent the ministry's report on bankrupt businesses in the age of recession to the parliament. It was asked by majority conservative MP Athanasios Bouras, who has been asking for measures which will help businesses closed due to the recession re-enter the market.