Greek Banks

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What lies at the heart of differences over Greek banks’ capital needs?

ATHENS | By MacroPolis | Following a meeting last week between Bank of Greece (BoG) senior officials with the top management of the four Greek systemic banks (Alpha, Eurobank, National and Piraeus), where the central bank reportedly informed lenders that their capital needs amount to around 5 billion euros, a Financial Times report published on Monday puts things in a completely different perspective.


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What do EBA tests reveal, or fail to highlight, about Greek banks?

Macropolis | The European Banking Authority (EBA) disclosed on December 16 the results of a transparency exercise covering 64 European banks from 21 countries. The aim of the exercise was to share updated information based on first half 2013 data about banks’ operations according to uniform benchmarks.

The European Banking Authority (EBA) disclosed on December 16 the results of a transparency exercise covering 64 European banks from 21 countries. The aim of the exercise was to share updated information based on first half 2013 data about banks’ operations according to uniform benchmarks. – See more at: http://www.macropolis.gr/?i=portal.en.economy.699&itemId=699#sthash.rawJn6MF.dpuf

Greek Banks

When Will Greek Banks Operate as Credit Institutions Again?

ATHENS | By Jens Bastian via The Agora | Despite the successful recapitalisation process and continued restructuring of the Greek banking sector, the credit transmission mechanism towards the real economy remains severely impaired.  [Above graph sources: The Agora and Bank of Greece yearly data.]