Banks
αναρτήσεις
The Pangaea affair
A 600 m deal between bailed-out National Bank of Greece and a Dutch-Israeli fund stirs controversy. NBG has sold its real estate arm Pangaea to private fund Invel, financing the…
In post-haircut bond market, Greece is the golden goose
Research firm Morningstar finds the world’s best performing bond funds in Greece with massive returns.
The perfect choke
The threat of a Grexit might have faded, but with deposits still not returning to the banks and credit contraction persisting, it is proving hard to overcome a sense of…
EU Task Force: Only 6% of funds directed to starved Greek economy have been disbursed
Of €3 billion available, only 180 million have been disbursed to a business community struggling to overcome a freeze in lending.
No such thing as "money in the bank" when the state is after it
More than 50.000 citizens have seen the tax office withhold parts of their savings against arrears to the state. Not even deposited unemployment benefits have escaped seizing.
Schaeuble says no to direct bank recap with EU funds
"The idea that one can get as fast as some think to direct bank recapitalization … can only be explained by lack of knowledge"