No Smoke Comes Out of Berlin Meeting
In a hard to decipher series of events two meetings took place today concerning the Greek Issue.
In a hard to decipher series of events two meetings took place today concerning the Greek Issue.
As Mario Draghi and Europe΄s central bankers meet today in Cyprus, the «Cyprus scenario» is back in the news in Greece: on the evening of February 20, the representatives of…
The allegation: Cyprus received loans only on the condition that its banks sold their branches in Greece to a competitor in Athens at a fraction of their value. ThePressProject publishes…
In a statement issued Thursday morning, the European Central Bank has warned Greece that Greek banks΄ access to funding beyond February will depend on the new government continuing the memorandum…
The future of the bailout programme, the burning issue of growth and the environment back in the agenda.
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.