national bank of greece news
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Greek banks to get $23 billion from bailout fund
Athens :: Greece | 12 months ago
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Greece (AP) — Four of Greece's leading banks are to receive a €18 billion ($23 billion) capital injection to replenish reserves which were hit by country's massive debt restructuring deal. The country's Financial Stability Fund
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EBRD Warns of Grexit Fallout in Bulgaria, Romania, Serbia
Sofia :: Bulgaria | 1 year ago
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Warns of Grexit Fallout in Bulgaria, Romania, Serbia Finance May 21, 2012, Monday 73 views Erik Berglof, chief economist at the European Bank for Reconstruction and Development...We still think there is a lot of willingness in Europe and some hope
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Greece: Germany's Merkel suggests euro referendum
Athens :: Greece | 1 year ago
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Greece (AP) — Germany's chancellor apparently waded into Greece's choppy political waters on Friday, when Athens said Angela Merkel suggested that the country should hold a referendum on the euro together with next month's national elections.
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US futures set to rebound as G-8 leaders gather
New York :: NY :: USA | 1 year ago
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U.S. stock futures rebounded Friday as leaders of eight of the world's biggest economies began to gather outside of Washington to determine how best to limit damage from the debt crises rattling Europe. Perhaps the only thing
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Tsipras vows to defy EU on Greek debt
Athens :: Greece | 1 year ago
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Europe would be foolish to cut off funding to Greece, the head of Greece's radical left group says, but if it does, Greece will repudiate its debts, he said. "Our first choice is to convince our European partners that, in their own interest,
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Analysis: Greeks not alone in bank savings exodus
Athens :: Greece | 1 year ago
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Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias , but many Greeks shifted their money to safer havens in Britain , Switzerland , Germany and Nordic countries long ago. Worries
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These Market Truths Are Not Self-Evident
Athens :: Greece | 1 year ago
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It is taught in classrooms around the world, tested in exams crowning chartered financial analysts, and used by analysts as the basis for their financial models...The events of recent years should turn this theory on it head, if not lead us to throw
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Greek Eurobank, Bulgaria's Postbank Owner, Sells Unit in Turkey
Sofia :: Bulgaria | 1 year ago
Credibility
The terms of the transaction would be announced once a binding agreement is signed, Euro bank added. Euro bank EFG is among the five Greek banks on the Bulgarian banking services market...Greek banks hold nearly a 30% of the Bulgarian banking market,
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These Beaten-Down Stocks Could Be Done
Athens :: Greece | 1 year ago
Credibility
Unless you've been living under a rock for the past few years, you're well aware of the horrible situation facing Greece and its banks...But there's also little indication that European leaders and the ECB have done anything other than kick the can
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S&P Keeps United Bulgarian Bank on Watch Negative
Sofia :: Bulgaria | 1 year ago
Credibility
The agency affirmed its 'B-/C' long- and short-term counterparty credit ratings on United Bulgarian Bank ( UBB ) to reflect the bank's 'bb' anchor, adequate business position, capital and earnings, weak risk position, below-average funding, and
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