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Bank of Greece articles over last 30 days

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2012/05/24 17:25
2012/05/24 17:25
26m
A parallel currency for Greece?
... print the money to finance the primary deficit. Inside the euro, the ECB would never permit the Bank of Greece to do this. Therefore the Greek government might resort to paying for part of its...
Greek government Thomas Mayer Huw Pill Deutsche Bank Goldman Sachs
MENTIONED
2012/05/24 17:25
2012/05/24 17:25
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2012/05/24 17:25
2012/05/24 17:25
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2012/05/24 11:39
2012/05/24 11:39
6h
Greek banks to get $23 billion » Business » Tra...
... approved the funds' release to banks. The 18 billion euros will be split between the National Bank of Greece, Eurobank, Alpha Bank and Bank of Piraeus as part of a $64 billion recapitalization...
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EuroBank Alpha Bank Bank of Piraeus ATHENS National Bank of Greece
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2012/05/24 05:27
2012/05/24 05:27
12h
Euro Zone Battle Hinges On Greece’s Banks: Steil
Deposit Insurance Corporation equivalent to back bank customers’ cash could mean trouble. “The Bank of Greece still does exist, and they’ve been allowed by the ECB to print euros over the past...
Benn Steil CNBC Inc. Council on Foreign Relations Greek government Federal Deposit Insurance Corporation
MENTIONED
2012/05/24 04:19
2012/05/24 04:19
13h
A dignified 'Grexit' is unlikely
... in shipping and tourism. Greece goods exports were worth €1.7-billion in January, Bank of Greece figures published by website tradeandeconomics.com show. Its main exports are fruit,...
Christine Lagarde Louisa Gouliamaki Sky News Mike Schussler International Monetary Fund
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2012/05/24 03:46
2012/05/24 03:46
14h
How the iPad is helping save Greece
... the Finance Ministry, the Hellenic Exchange (the Greek equivalent of the NYSE), the Bank of Greece (their version of the Federal Reserve) and the three external banks that managed the...
6
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Bob Apfel iPads Finance Ministry Bondholder Communications Group Apfel
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2012/05/24 00:28
2012/05/24 00:28
17h
World news in brief, 5/24
... had approved the funds' release to banks. The $23 billion will be split between the National Bank of Greece, Eurobank, Alpha Bank and Bank of Piraeus as part of a $64 billion recapitalization...
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Al-Baghdadi al-Mahmoudi Moammar Gadhafi Tunis Mondher Bedhiafi Hamadi Jebali
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2012/05/23 20:42
2012/05/23 20:42
21h
Public investment sacrificed again
... reflecting the 11.7 percent annual drop in arrivals from abroad, data released by the Bank of Greece showed. In March alone revenues dropped by 11.2 percent from the same month of 2011...
Finance Ministry Bank of Greece
MENTIONED
2012/05/23 15:50
2012/05/23 15:50
1d
ECB questions holes in Greek bank recap plans
... for the recapitalisation procedure could result in interference with the competence of the Bank of Greece." "The resulting uncertainty and potential delays in the recapitalisation procedure...
1
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European Central Bank Hellenic Financial Stability Fund Frankfurt ATHENS International Monetary Fund
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2012/05/22 23:06
2012/05/22 23:06
1d
Germans Afraid of Greek Anger Avoid Vacations in ...
... percent fewer arrivals from Europe’s biggest economy compared with the previous year, the Bank of Greece (TELL) said April 25. Election Obstacle “At the moment I would not go on holidays to...
Alexis Tsipras Rudolf Kugel Stuttgart London Tourism Council
MENTIONED
2012/05/22 14:50
2012/05/22 14:50
2d
Germany, France draw battle lines over euro zone ...
... the euro zone's EFSF rescue fund, are needed to recapitalise Alpha Bank (ACBr.AT), National Bank of Greece (NBGr.AT), EFG Eurobank (EFGr.AT) and Piraeus Bank (BOPr.AT), and will allow them to...
707
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European Union Francois Hollande Brussels Paris Angela Merkel
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2012/05/22 09:50
2012/05/22 09:50
2d
Greek banks to get recapitalisation by Friday - b...
... declined to be identified. The funds are needed to recapitalise Alpha Bank (ACBr.AT), National Bank of Greece (NBGr.AT), EFG Eurobank (EFGr.AT) and Piraeus Bank (BOPr.AT). (Editing by Dan...
1
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Bank of Greece National Bank of Greece Alpha Bank Piraeus Bank EFG Eurobank
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2012/05/22 08:42
2012/05/22 08:42
2d
OECD sees Greek recession lasting through 2013
OECD sees the Greek economy shrinking 5.3 percent this year after a 6.9 percent slump in 2011. The Bank of Greece and the EU Commission expect a contraction of 5.0 and 4.7 percent, respectively, this...
OECD EU Commission European Union Paris ATHENS
MENTIONED
2012/05/21 18:06
2012/05/21 18:06
2d
Philip Pilkington: Why the Germans Probably Won’t...
... longer willing to hold. If the liquidity is injected via Emergency Lending Assistance, then the Bank of Greece is theoretically assuming the risk, rather than the ECB as a whole. But in the event...
2
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European Central Bank Marshall Auerback Spanish government DUBLIN Philip Pilkington
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2012/05/21 14:30
2012/05/21 14:30
3d
Would You Trust a Greek Bank With Your Savings?
... by just under 30 percent from October 2009 through the end of March, according to Bank of Greece statistics. That $90 billion decline left Greek banks with $215 billion. Then,...
Magda Verouli Nikos Charakaidis ATHENS dollars Dimitris Malliaropulos
MENTIONED
2012/05/21 03:47
2012/05/21 03:47
3d
What's eating the market and for how long
... cash. There is also said to be a run on Greek banks and the share price of the National Bank of Greece slumped 13 per cent on Wednesday as a result. The greater danger is a fear-driven...
1
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European Union International Monetary Fund Moody's Bank of Greece National Bank of Greece
MENTIONED
2012/05/20 20:50
2012/05/20 20:50
3d
Implement reforms but relax targets
... banks and the public. Greek banks could have used the emergency liquidity mechanism of the Bank of Greece instead of standard ECB repos so that the credit risk remained with the Greek central...
Coalition of the Radical Left European Union Greek central bank Guido Westerwelle G8
MENTIONED
2012/05/19 22:42
2012/05/19 22:42
4d
The ties we don't see but can't ignore
... liquidity assistance (ELA). This means that the banks are able to borrow from the Bank of Greece, rather than the ECB, by putting up collateral that is theoretically more risky than...
27
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European Central Bank Andrew Bosomworth International Monetary Fund European Union Bank of Greece
MENTIONED
2012/05/19 16:59
2012/05/19 16:59
5d
Nightmare foretold if Greece heads for euro exit
... acute shortages of basic commodities, which could fuel serious civil unrest, according to Bank of Greece Governor George Provopoulos. Even if Greece did manage to import limited amounts of...
10
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European Union ATHENS George Provopoulos Reuters Bank of Greece
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2012/05/19 12:19
2012/05/19 12:19
5d
Would you trust a Greek bank with your savings?
... by just under 30 percent from October 2009 through the end of March, according to Bank of Greece statistics. That $90 billion decline left Greek banks with $215 billion. Then,...
Magda Verouli Nikos Charakaidis ATHENS Carolos Papoulias Milos Bicanski
MENTIONED
2012/05/18 17:36
2012/05/18 17:36
6d
Fitch ratings agency downgrades 5 Greek banks
... for a country that is not in default. A Fitch statement Friday says it gave National Bank of Greece, Eurobank, Alpha, Piraeus and Agricultural Bank of Greece a CCC rating, down from...
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ATHENS New Democracy European Union Alexis Tsipras Evangelos Venizelos
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