The Greek Minister of Finance and the Minister of Economy are working closely with the institutions (former Troika) in an attempt to finalize all the necessary negotiations and mend all…
M.Draghi urges the government to move on with the reforms that have been agreed while he considers their completion a necessary prerequisite in order to start the discussion on the…
The Greek Banks seem to be caught in a downward spiral that is created by the amount of funds needed for their recapitalization, which depends on their stress tests. At…
OSCE Representative on Freedom of the Media Dunja Mijatović today condemned the recent libel conviction and sentence imposed on journalist Kostas Vaxevanis for stories written about banking practices in Greece.
9 days to go until Greeks head to the polls. Capital.gr reports all four Greek systemic banks made requests to the Bank of Greece for cash via the emergency liquidity…
Three of Greece΄s top four banks failed the European Central Bank΄s health check but the country΄s central bank said only one bank had to raise any money, in a major…
The bank stress-tests have been overly optimistic and not particularly stressful
Fixed income investment firm Pimco΄s global banking specialist, Philippe Bodereau, expects 18 banks will be seen to have failed the European Central Bank΄s stress test of 130 regional lenders when…
The results of the stress tests on 130 banks by the European Central Bank are due to be unveiled on Sunday. Three banks in Greece, three Italian lenders and two…
Perhaps the Greek government should read up a bit on the AIG bail-out as it prepares for the next bank support program.