The members of the Hellenic Financial Stability Mechanism (HFSF) resigned on Wednesday in line with demands by Greece΄s creditors to allow overhaul for non-performing bank loans
Reports are suggesting that Greece’s lenders, along with PM Samaras and his deputy Evangelos Venizelos, have begun an operation to discredit the left wing party. Cornerstone of the alleged plan:…
The new Finance Minister, Gikas Hardouvelis, must either accept that he worked against the interest of the state when he was an adviser to Eurobank, or he is unfit to…
Betting against US subprime mortgages in 2007 made him a billionaire. Now John Paulson is betting (some of) his hedge fund’s money on the Athens Water Utility, a state company…
Eurobank is an apt example of Greek ingenuity. Its name is a coup in itself.[1] Beyond semantics, however, and coming to recent developments, Eurobank is a wonderful example of the…
An article included in an omnibus draft bill due to be voted on in parliament this week will effectively let Piraeus Bank off the hook for many tens of millions…
As the control of Eurobank passes from the HFSF to a Fairfax-led group of private investors, former New Democracy Minister Stefanos Manos, a fervent supporter of the free market economy,…
Eurobank is privatized at a major loss to the Greek taxpayer; the cost of borrowing via T-Bills drops significantly; a lack of liquidity is choking the Greek market; Bulgarian shell…
The ‘Baltakos-Gate’ video recalls the post-war cooperation between the government and the far-right shadow-state; Greece to return to the sovereign debt markets imminently; the 11 billion euros of the HFSF…
The package of economic measures agreed on with the troika was passed yesterday by MPs during a day of high tensions in parliament. The coalition government sustained blows as three…