Agora
Posts in Economy
Greek banks in intensive care: What lies ahead?
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).
Contributor: Manos Giakoumis
Categories: Economy (345), Greece (523)
What next for Greece's revenues and spending?
With a bank holiday and capital controls in effect since June 29 and the government tabling an updated set of fiscal measures in an effort to resume negotiations for a new bailout programme, the state’s cash proceeds and expenses are in the spotlight again.
Contributor: Manos Giakoumis
Categories: Economy (345), Greece (523)
An impossible choice
As this article was being written a few days ago, various European governments and international funding institutions were discussing the consequences of the expiration of Greece’s current financial assistance programme.
Contributor: Jens Bastian
Categories: Europe (293), Politics (410), Economy (345), Greece (523)
The Greeks deserved better than this
For some time it appeared that Greek Prime Minister Alexis Tsipras, or at least some of the people advising him, felt Greece had something to gain from being in a take-it-or-leave-it situation with lenders as the pressure would be on the other side. Right now, though, it doesn’t seem such a good position to be in.
Contributor: Nick Malkoutzis
Categories: Europe (293), Politics (410), Economy (345), Greece (523)
How Greek banks were left on the brink
Almost a year ago, Greek banks successfully raised 8.3 billion euros in capital increases, which were oversubscribed more than 1.5 times amid strong interest - primarily from international institutional investors.
Contributor: Manos Giakoumis
Categories: Economy (345), Greece (523)