Politico Europe

Greek central bank boss: Time to convince Berlin on EU debt

In an interview with POLITICO, Stournaras said the arguments are on his side. Back-to-back crises have left heavy debt burdens on the shoulders of EU governments, limiting the power of the public ...
Euromoney

Greek banks face down the crisis

ATHENS AIRPORT IS brimful with tired and irate tourists, desperate to leave Greece. It is a beautiful autumn evening but a UK package travel airline has just gone bust, stranding thousands of ...
Seeking Alpha

National Bank of Greece: Solidity Improves, But May No Longer Be A Buy

National Bank of Greece has delivered exceptional returns (+60% since my last buy rating) and boasts nearly 8% dividend yield, but growth is slowing. The Greek economy and NBGIF's fundamentals are ...
TheStreet.com

Greek Banks Are on the Brink as the ECB Considers Its Next Move

The survival of the country's banks hangs in the balance as the European Central Bank considers its next move. The survival of the country's banks hangs in the balance as the European Central Bank ...
Reuters

Greek banks get 18 billion euro recapitalisation

ATHENS, May 22 (Reuters) - Greece's bank stability fund approved an 18 billion euro ($22.96 billion) injection to rescue its four largest banks on Tuesday, and an official said they would get the ...
Seeking Alpha

National Bank Of Greece: The Worst Seems Behind Us, Now There's A Lot Of Catching Up To Do

National Bank of Greece shows recovery potential post-crisis, with improving financial results and a return of dividends, despite ongoing economic challenges in Greece. Greece's macroeconomic ...
Washington Examiner

Greece’s biggest banks to join in bond buyback

ATHENS, Greece (AP) — Greece’s three biggest banks said Friday they would participate in a large bond buyback scheme that aims to chip away at the crisis-hit country’s debt load and ensure it ...
Washington Examiner

Greek bank shares volatile after stress tests

LONDON (AP) — Greek banks saw their share prices swing sharply Friday after the country’s central bank said they need to raise billions of euros to plug holes in their finances. Late Thursday, the ...
Yakima Herald-Republic

Greece imposes capital controls, banks stay shut

ATHENS, Greece — Greece’s five-year financial crisis took its most dramatic turn yet, with the cabinet deciding after an 8-hour session that Greek banks would remain shut for six business days and ...
Times Union

Greek Bank Investors Facing Wipeout as Nationalization Looms

(For more on Europe's debt crisis, see {EXT4 < ;GO> ;.}) Oct. 28 (Bloomberg) -- Owners of Greece's banks may be wiped out over coming months as the government prepares to take over the lenders ...
Euromoney

Greek banks: Consolidation ahead

Greece is substantially over-banked: with just over 11 million inhabitants – fewer than in the New York City metropolitan area – it has 21 commercial banks and 24 branches of foreign banks, as well as ...