Watchdog raid strains testy relationship between banks and govt

EconomyBanking Tags: Banking, MoF, NPLs
Photo via Flickr https://flic.kr/p/4hVnhM
Photo via Flickr https://flic.kr/p/4hVnhM

Another chapter in the unexpectedly turbulent relationship between the new Greek administration and the country’s banks was written on Thursday when the Competition Commission raided the headquarters of the four systemic banks, Attica bank and the Hellenic Banking Association.

The Greek competition watchdog was reportedly looking for evidence of coordinated practices by Greek bankers in setting customer charges for various services in the domestic market. The raid lasted up to the late hours for some banks. Inspectors reporte...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.