Greek Banks
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.
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”.
This Is What The ECB’s Comprehensive Assessment Tells Us About Greek Banks
Varoufakis and his friendly fire
For Greek banks, it’s business as unusual
ATHENS | July 23, 2015 | By Jens Bastian via MacroPolis | Now 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 open today
MADRID | July 20, 2015 | By JP Marín Arrese | Emergency 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.
Greek banks in intensive care: What lies ahead?
ATHENS | July 15, 2015 | By Manos Giakoumis via MacroPolis | Among the measures the Greek government has committed to legislate by July 22, according to the Euro Summit statement is the transposition of the Bank Recovery and Resolution Directive (BRRD).
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
Greece’s temporary suspension from Euroland
MADRID | July 7, 2015 | By JP Marín Arrese | Taking a shot at sorting out some kind of Grexit to solve the current mess seems unavoidable. Despite the efforts both parties have said they are ready to make to try to keep Greece on board, there is little chance of reaching an agreement in time. Temporary suspension from the eurozone might turn out to be the only plausible answer.