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Greek big banks shredding bad debt

Three of Greece’s largest lenders plan to sell up to 5.5 billion euros in bad loans by early next year, sources said, as the country’s central bank chief called on the creaking banking sector to act faster to tackle its bad-debt problem. 223 more words


Piraeus Bank to sell its Serbian operations to Direktna Banka

Piraeus Bank, Greece’s largest bank by assets, agreed to sell its Serbian operations to Serbia’s Direktna Banka, Piraeus said on Tuesday.

The bank is still struggling with problem loans after recession in Greece pushed unemployment to record highs. 74 more words


Balkan route for illegal migrants thickens

The number of illegal migrants passing through Bosnia to try to reach the richer states of the European Union rose sharply in the first nine months of 2017, a government agency said on Tuesday. 155 more words


Obamacare Insurers, States Rush to React to Trump's Latest Move

States regulators and health insurers are rushing to react to the latest move by the Trump administration to dismantle parts of the Affordable Care Act, less than three weeks before their citizens and customers start signing up for coverage. 70 more words

Health Insurance