The reasons why the Greek crisis was so profound and long-lasting, and why Greece was currently the only country that had yet to emerge from memorandum programmes, were the focus of a Eurobank analysis unveiled on Wednesday.

Eurobank will be placing hotel units in Athens, Thessaloniki, Epirus and on the island of Kos, under the hammer in the coming months, Euro2day reports.

TAS Group and Eurobank announced on Tuesday that the acquisition of Eurobank’s Ukrainian subsidiary, Universal Bank (“Universal”) by TAS Group, was concluded on 23 December 2016, after all required regulatory approvals have been obtained.