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Minor movements in Greek deposit and loan rates in April
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits eased by 1 basis point (bp) to 1.82.... Back in 2012, there were more than 15 banks in the Greek market with the smaller ones markedly.... Since mid-2013, when the last round of Greek bank consolidation took place, the systemic banks hold
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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
EconomyFollowing a nosedive of 5.9 percent on Friday, Greek shares remained deeply in the red on Monday... the last two sessions, Greek shares fell by more than 10 percent, while their cumulative losses in the post-election period exceed 12 percent. Greek banks were hit most today, plummeting by 8 percent
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Greek ministers prepare Israel visits in bid to further relations
PoliticsForeign PolicyTwo Greek ministers are due to visit Israel shortly as the SYRIZA-Independent Greeks coalition... Papandreou's PASOK government was in power in 2010. The new Greek government has not yet made any... cooperation with Israel despite the fact that Greek Parliament may soon vote to recognize Palestine
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Election Watch: Greek voters to choose from 19 parties and coalitions
AgoraGreek voters will have 19 ballot papers to chose from on 20 September following the approval... as the Greek Antimemorandum Front (EAM). Also excluded is the Independent Innovative Left, Renewed Right...) * Greek People’s Democratic Liberation (ELLADA) (Konstantinos Pananikolas) * Independent Greeks–National
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Greek stock market unmoved by election result, edges down 3.2 pct over week
EconomyThe Greek stock market shed 3.2 percent this week in the aftermath of Sunday’s snap elections... reluctant to invest in Greek shares. In the absence of financial news, the market focused on political developments. Fitch evaluated the Greek election as being credit neutral but that the risks
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Greek banks' equity raising could keep official support to a minimum
EconomyFollowing the disclosure of Greek banks’ capital shortfall by the ECB’s Single Supervisory Mechanism (SSM) on October 31, Greek banks submitted their capital action plans to the SSM last week... process primarily to Greek and international institutional investors. For technical reasons, banks
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Greek stocks on slide for third straight week
EconomyThe Greek stock market headed south for the third straight week, shedding 3.7 percent mainly due... stock of the progress made in the discussions of Greek authorities with institutions and gave a one week... Financial Stability Fund (HFSF) of the 10 billion euros earmarked for bank recapitalization. Greek
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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
EconomyThe introduction of Greek banks’ new shares for trading officially completed their last... percent). Apart from HFSF, other major shareholders in Greek banks after the recapitalisation... in Greek banks is the European Bank for Reconstruction and Development (EBRD), which invested a total
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Greek stocks plunge 7.9 pct, banks tumble 24.3 pct
EconomyFollowing a nosedive by 8.9 percent last week, the Greek stock market tumbled a further 7.9 percent... risks. Greek shares continue to be heavily hampered by the lack of progress in discussions... the beginning of the year, the Greek market has recorded huge losses of 26.5 percent. Bank shares were
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Investment: The forgotten casualty of the Greek crisis
AgoraOne of the greatest casualties of the Greek crisis and a much-overlooked key contributor towards..., investment reached 63.1 billion euros and represented 27 percent of Greek GDP. In 2014, the last full... on the table by Germany as a solution to the ongoing Greek problem. This underlines that despite
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