SEARCH
-
RECENT POSTS
- Moving on April 29, 2014
- Greek budget bottom-line outperformance narrowed to €2.2bn in June July 11, 2013
- Greek banks Eurosystem funding fell by €9bn m-o-m in May June 12, 2013
- Greek budget bottom-line outperformed targets by €3.2bn in 5M’13 June 11, 2013
- Credit contraction marginally decelerated to 3.4% in April May 30, 2013
ARCHIVE
CATEGORIES
- Articles (8)
- Greek banks (52)
- Greek economy (111)
- Uncategorized (2)
TAGS
-
Join 1,047 other subscribers
RECENT TWEETS
- RT @MacroPolis_gr: Moody's upgrades Greece's sovereign bond rating to Caa2 and changes the outlook to positive. #Greece #economy #markets 5 years ago
- Αφιερωμένο σε όλους τους μπαμπάδες - Μπαμπάς είναι ... #FathersDay #Greece https://t.co/cT8k6cLvtq 5 years ago
- We take note of the #Eurogroup discussion which we see as a 1st step towards securing #Greece debt sustainability, #ECB representative says. 5 years ago
- #IMF Managing Director Christine Lagarde to propose approval in principle of new Stand-By Arrangement for #Greece.… twitter.com/i/web/status/8… 5 years ago
- #Eurogroup statement on #Greece. consilium.europa.eu/press-releases… 5 years ago
RSS LINKS
Category Archives: Articles
Some thoughts on the upcoming votes in the Greek parliament
Over the past 3 years, there was an escalated uncertainty over Greece’s fiscal consolidation, then funding needs and ultimately debt sustainability. During last elections, the previously simmering disagreement and social anger over the imposed austerity measures was transformed into a … Continue reading
A long-awaited Greek bank mega deal
National Bank of Greece (NBG) announced on October 5 late in the evening a voluntary share exchange offer to acquire 100% of Eurobank. NBG offers 58 new shares for every 100 Eurobank shares implying a premium of 7.0% and 3.6% … Continue reading
New (final?) round of discussions on bank recapitalisation is launched
Recent press reports indicate that the long-awaited new – and most likely final – round of discussions on bank recapitalisation framework and terms has been launched. Same sources note that the deadline for the finalisation of all pending issues, which … Continue reading
Posted in Articles, Greek banks
Tagged Bank recapitalisation, Greek banks, Greek economy
Leave a comment
Will current breeze turn to a wind of change?
ECB decision on unlimited bond purchases of euro area countries in trouble, even under strong conditionality, along with its acceptance of the ‘pari passu’ treatment of its sovereign bond holdings certainly improved market’s sentiment on the eurozone prospects and was … Continue reading
Developments are accelerating in the banking sector
The acquisition of the sound part of ATEbank by Piraeus Bank on July 27 kicked off, in my view, the long-awaited new round of consolidation in the Greek banking sector. Following this transaction Piraeus improved its deposit base, while became … Continue reading
Important macro and banking developments in an unusually interesting summer season
Unlike previous years’ summer season, a lot of important macro, political and banking developments are taking place in Greece this year. The government has to identify cost cutting measures of €11.5bn for 2013-14 in an effort to convince international partners … Continue reading
Posted in Articles, Greek banks, Greek economy
Tagged Greek banks, Greek economy, M&A, Politics, Privatisations
Leave a comment
A proposal for improving Greece’s international perception
There is a motto saying that “Caesar’s wife is not enough to be honest, she must also show it”. Perception nowadays is even equally important to actions, meaning that a negative perception for a positive action is almost equivalent to … Continue reading
Posted in Articles, Greek banks, Greek economy
Tagged Greek banks, Greek economy, Politics
1 Comment
Some thoughts on the media communication of Greek budget execution data to the public
Media continue to downplay the decent primary expenditure performance, while focus and point out particularly the revenue lag. They also repeatedly mention total – and not primary – expenditure which includes interest payments and, particularly for this year, also incorporates … Continue reading
Independent Insight Views 