Search Results for: Bank of Greece
ECB Warns Cyprus as Government Pushes for Georghadji’s Dismissal
March 16th, 2015
The European Central Bank warned Cypriot President Nicos Anastasiades to respect central-bank independence after the country’s government started proceedings to dismiss Governor Chrystalla Georghadji. A year after previous Cypriot central-bank chief Panicos Demetriades resigned his post following months of ...
Greek PM Tsipras says there is no going back to austerity
March 16th, 2015
Greece will not accept any return to austerity, leftist Prime Minister Alexis Tsipras said on Monday, adding that he was convinced he would strike a deal with international partners to keep finances afloat. “The key for an honorable compromise (with ...
The ECB and its Watchers XVI Conference: M.Draghi
March 11th, 2015
Summary In January, the ECB decided to expand its asset purchase programme to include government bonds after it became clear that there was a need for more monetary stimulus. Asset purchases are unconventional, but not unorthodox, and they have ...
Greek technical negotiations in Brussels, but the Greek FinMin is in Paris
March 11th, 2015
Greek FinMin Y. Varoufakis unexpectedly heads to Paris, a Greek delegation is in Brussels for technical negotiations, no “Troika” or “three institutions formerly known as Troika” expected in Greece on Wednesday as had been announced Greek negotiations with its ...
Draghi: Cyprus on track for early bailout exit
March 5th, 2015
Cyprus is on track to exit the adjustment programme before the original deadline of 2016, European Central Bank (ECB) president Mario Draghi said on Wednesday, something which he said was remarkable Draghi was speaking at an official dinner hosted ...
ECB meeting preview: What traders should expect from it
March 3rd, 2015
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...
Greek government searches for funds amid fresh speculation about third bailout
March 3rd, 2015
The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Finance Minister Yanis Varoufakis met with his deputies and other officials to discuss ways of covering the country’s ...
International and regional bodies that combat money laundering (part B)
March 2nd, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Greek goverment raises concern over payment to IMF in March
February 27th, 2015
The Euro Working Group discussed Greece’s imminent funding problems on Thursday amid mounting concern about how the country will meet its obligations next months. Earlier in the day, Minister of State for Coordinating Government Operations Alekos Flambouraris suggested that ...
MTS Markets International Launches BondVision US Trading Platform
February 26th, 2015
Offers global network of counterparties and premium liquidity vis-à-vis MTS BondVision Provides US Institutional investors unparalleled access to European bond market Allows MTS to further penetrate US market in wake of global demand for fixed income products MTS ...
