Search Results for: Hellenic Bank
Greek bonds are a risk for most but a big opportunity for some
April 6th, 2015
Small though it may be, the Greek government bonds market could under certain conditions prove to be the success story of the year, especially for those attracted by risk. Its size, according to market professionals, is around 10 billion ...
Euro Working Group to discuss Greece on Wednesday
March 24th, 2015
The Euro Working Group (EWG) of eurozone technical staff is expected to convene on Wednesday, possibly via teleconference, to discuss, among other issues, a Greek request for the return of 1.2 billion euros from the European Financial Stability Facility ...
Greek finance minister’s letter to the Eurogroup
February 24th, 2015
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
Decisions taken by the Governing Council of the ECB
February 24th, 2015
On 18 February 2015, the Governing Council approved the public account of its monetary policy meeting of 21 and 22 January 2015. The first edition of this new communication product, which is aimed at enhancing the transparency of Governing ...
Eligibility of Greek bonds used as collateral in Eurosystem monetary policy operations
February 5th, 2015
European Central Bank: 4 February 2015 ECB’s Governing Council lifts current waiver of minimum credit rating requirements for marketable instruments issued or guaranteed by the Hellenic Republic Suspension is in line with existing Eurosystem rules, since it is currently ...
How Greece could accidentally stumble out of the euro
February 4th, 2015
In less than four weeks the international lifeline that has kept Greece afloat for five years is due to expire. Debt repayments are looming and the country is running out of funds. Lenders won’t forgive Greece’s huge debts so ...
5 Worst Performing Markets of 2014
December 29th, 2014
These indices have been hit hard by headwinds over the past 12 months, resulting in losses for investors. What does the future hold for these five indices? MSCI Russia Russian corporates this has been a terrible year, though it ...
Worst Greek Stock Slump Since 1987 Proves Bears Right: Options
December 10th, 2014
Investors began giving up on Greek stocks even before the latest rout. A U.S. exchange-traded fund tracking the nation’s equities has had a record streak of redemptions, losing money for four straight months. The wagers proved well-timed: the benchmark ...
EU leaders weigh plan for Greek exit from bailout
November 4th, 2014
Eurozone leaders are weighing a plan to allow Greece to exit its four-year-old bailout at the end of the year by converting nearly €11bn of unused rescue funds into a backstop for Athens for when it raises cash from ...
EU Practiced Its Russian Sanctions in Cyprus
July 30th, 2014
Europe’s new financial sanctions against Russia will be among the first meaningful ones the West has introduced since the Ukraine crisis started. But punishing rich Russians is not exactly new territory for the EU — it has been doing ...
