Greek Banks


grecia-bonitaTC

Now comes the really hard part for Greece

One of the main reasons that Alexis Tsipras wanted to hold elections as soon as possible after agreeing the third bailout in August was that it gave him the best chance of obtaining a fresh mandate before the impact of the latest set of fiscal measures was felt by the average voter.


AthensTC

Greek banks will not need full amount of EU bailout

Athens may need no further than €10 billion to recapitalise its main financial institutions. These are the funds in the Hellenic Financial Stability Fund to cover the sector’s requirements. Looks like in Brussels there is a broader consensus that the figures revealed by the ECB are “encouraging”.



varoufakis_dem_TC

Varoufakis and his friendly fire

ATHENS | Macropolis | The last thing Alexis Tsipras needed right now is his talkative former Finance Minister Yanis Varoufakis to reveal that he had been working on establishing a parallel payment system in the government’s first months in power.

Greek banks

For Greek banks, it’s business as unusual

ATHENS | July 23, 2015 | By Jens Bastian via MacroPolisNow that the rather bizarrely termed “bank holiday” has come to an end in Greece after three weeks – although domestic and external capital controls – continue, it is appropriate to take stock of the situation and inquire where do we go from here. 


Greek banks

Greek banks open today

MADRID | July 20, 2015 | By JP Marín ArreseEmergency loans to ensure Greece pays back its sovereign commitments in the coming weeks might fail to save it from the dire financial collapse it faces. 



investors greece

UBP on Greek crisis: “There may be positive and negative surprises”

July 10, 2015 | By Patrice Gautry (UBP) | With the Greeks returning a “No” vote in Sunday’s referendum, the country has moved one step closer towards leaving the eurozone, or “Grexit”.  However, Grexit is not automatic and many scenarios may develop, depending on the ECB’s attitude and political developments during the upcoming negotiations