Agora
Posts in Economy
Eurobank: From nationalisation to re-privatisation
Few people noticed in July 2012 that a press release published by Eurobank concerning the intention of its major shareholder, EFG Group which was fully controlled by the Latsis family, would signal radical developments for the bank in the near future.
Contributor: Manos Giakoumis
Categories: Economy (345), Greece (523)
21,717,120,000
21,717,120,000 – This, as we have just discovered, is the total amount of money that has left German coffers since the Greek crisis started in 2010. It corresponds to Germany’s portion of the European Stability Mechanism’s (ESM) paid in capital, which was announced on May 1 as the fund reached its full capital amount following the transfer of five installments since the end of 2012.
Contributor: Yiannis Mouzakis
Categories: Europe (293), Economy (345), Greece (523)
Greece's primary surplus: Much ado about nothing?
There has been some confusion about Greece's fiscal statistics this week after the size of the country's primary surplus was confirmed. This is an attempt to clear up some of the misunderstanding.
Contributor: Manos Giakoumis
Categories: Europe (293), Economy (345), Greece (523)
Are investors getting a bargain with Eurobank?
The Hellenic Financial Stability Fund (HFSF) said on April 15 it approved the 1.33-billion-euro offer submitted by a consortium of investors for Eurobank’s capital increase. The approval signals the completion of the first (cornerstone investor) phase covering 46.5 percent of the announced equity raising of 2.86 billion euros.
Contributor: Manos Giakoumis
Categories: Economy (345), Greece (523)
![Photo by Can Esenbel [http://www.mundanepleasure.com/]](resources/toolip/img-thumb/2013/10/16/stocks2_economy_esenbel-large.jpg "Photo by Can Esenbel [http://www.mundanepleasure.com/]")
Who benefits from Greece’s return to the markets?
Now that the euphoria is beginning to die down let’s take a second, more sober look at what Greece achieved last week when the investment community hailed the country’s return to the markets. Politicians from Prime Minister Antonis Samaras’s government were quick to join the chorus of cheerleaders, with impressive support from members of the media and market analysts.
Contributor: Jens Bastian
Categories: Economy (345), Greece (523)