Posts tagged with the keyword: ‘Greek’
Insight: Why did Cypriot banks keep buying Greek bonds? By Michele Kambas, Stephen Grey and Stelios Orphanides NICOSIA (Reuters) – One day last October, a memory stick containing special software for deleting data was placed into a desktop computer at Bank of Cyprus. Within minutes, 28,000 files were erased, according to investigators who had wanted [...]
April 30, 2013 | Posted in
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Greek finance minister says Greece clinches deal with troika on review ΑΘΗΝΑ (Reuters) – Greece has reached a deal with its international lenders on a review of the country's austerity program, finance minister Yiannis Stournaras said on Monday. "We have a deal," Stournaras told reporters on the sidelines of an Athens conference. (Reporting by George [...]
April 15, 2013 | Posted in
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Troika concludes Greek bailout review, next aid tranche soon: source By Annika Breidthardt DUBLIN (Reuters) – An inspection team of international lenders has finished its review of Greece's reform progress, paving the way for another 10 billion euros aid payment, a source with knowledge of the talks said on Saturday. The deal reached on Friday, [...]
April 13, 2013 | Posted in
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Greek PM says deposits are safe, banks shielded: paper ATHENS (Reuters) – Greek bank deposits are safe and the country's lenders are protected due to a recapitalization scheme which will be completed by the end of April, Prime Minister Antonis Samaras said on Saturday. In an interview with Imerisia, Samaras ruled out a tax on [...]
April 13, 2013 | Posted in
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Watchdog did not have timely Bank of Cyprus data on Greek debt: report By Michele Kambas NICOSIA (Reuters) – Regulators asked Cyprus's largest bank to provide information about its ultimately disastrous holdings of Greek debt as long as three years ago but got no immediate response and did not follow up, an external investigation said. [...]
April 5, 2013 | Posted in
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EU, IMF resisting merger of Greek banks NBG, Eurobank: paper ATHENS (Reuters) – Greece's international lenders have asked Athens to halt the merger of National Bank with Eurobank , worried that the resulting lender would be too big for the state to deal with, daily Kathimerini reported on Saturday. The paper said the European Union, [...]
March 30, 2013 | Posted in
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EU, IMF resisting merger of Greek banks NBG, Eurobank: paper – Chicago Tribune EU, IMF resisting merger of Greek banks NBG, Eurobank: paperChicago TribuneNational Bank (NBG) took over 84.3 percent of Eurobank last month via a share swap as part of consolidation in Greece's banking industry to cope with fallout from the debt crisis and [...]
March 30, 2013 | Posted in
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Cash airlift helped avert Greek bank run during debt crisis: paper ATHENS (Reuters) – Greece's central bank had billions of euros of banknotes shipped in from other central banks to avert a bank run during the country's debt crisis as depositors withdrew their money, newspaper To Vima reported on Sunday. Fears the debt-laden country might [...]
March 3, 2013 | Posted in
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Masked intruders raid Greek gold mining company THESSALONIKI, Greece (AP) — About 40 masked attackers raided the facilities of a prospective gold mine in northern Greece overnight Sunday, setting machinery and offices alight, authorities said.
February 17, 2013 | Posted in
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Greek political parties to testify over bank loans ATHENS (Reuters) – Greek prosecutors have ordered the two main ruling parties to testify in an investigation into more than 200 million euros in loans they received from banks, officials said on Friday. The investigation – which is examining whether the loans are legal and whether any [...]
February 1, 2013 | Posted in
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