Search Results for: National Bank of Greece
Greek debt crisis: Greek bank stocks rise as bailout talks progress
August 10th, 2015
Greek bank stocks have risen as the country comes closer to agreeing a third bailout worth €86bn (£60.8bn) with international creditors. Banks have risen to the top of the Athex Composite Index, with Piraeus Bank trading up 6.94 per ...
Greece hopes to conclude bailout talks by Aug. 11
August 10th, 2015
Greece hopes to conclude negotiations with international creditors by early Tuesday at the latest, a Greek official said as talks continued in Athens on a new multi-billion euro bailout designed to keep the country from financial ruin. Greece’s finance ...
Greece: Greek bank stocks soar – Greece makes loan interest payment to IMF
August 7th, 2015
What you should know for Greece today: Bank stocks led a much-needed Greek bourse rebound on Thursday, making up some of the ground lost in the first three sessions since the market reopened. However, traders viewed the recovery more ...
Tsipras sees talks in final stretch; Banks index sheds 63.8 pct in three days
August 6th, 2015
Greek stocks continued to slide for a third session in a row on Wednesday, with banks suffering another dramatic day with losses of 27 percent for their sectoral index. Banks’ cumulative losses since the reopening of the local bourse ...
Greek Bank Stocks Are Getting Crushed for the Third Straight Day
August 5th, 2015
Greek banks extended a rout that has wiped out more than half their value this week, sending the nation’s stocks lower for a third day. Piraeus Bank SA and Alpha Bank AE plunged at least 29 percent, while Eurobank ...
Greece expects bailout deal with lenders in two weeks
August 4th, 2015
Greece expects to conclude a multi-billion-euro deal with international lenders within two weeks, with the drafting of an accord set to start on Wednesday. A bailout worth up to 86 billion euros ($94.5 billion), needs to be settled by ...
Greece: Bank chips inflict record ATHEX fall
August 4th, 2015
The reopening of the Greek bourse on Monday after five weeks of no trade saw losses mount to an all-time record of 16.23 points. The session was also marked by particularly low trading volume as the sale orders for ...
Bailout Money Goes to Greece, Only to Flow Out Again
August 3rd, 2015
The Greek businessman was nervous as he carried a suitcase stuffed with cash through security at the Athens airport a few months ago. But the distracted and overworked officials waved him through. A few hours later the man touched ...
Eurozone debt crisis: why the Greece deal will work
July 27th, 2015
The deal between Brussels and Athens is actually a good one for both sides Now that Greek banks have reopened and the government has made scheduled payments to the European Central Bank and the International Monetary Fund, does Greece’s ...
ECB Raises Emergency Lending to Greek Banks by $984 Million
July 23rd, 2015
Decision comes two days after a Greek bond redemption averted a default The European Central Bank on Wednesday raised the ceiling on emergency lending to Greek banks by €900 million ($980 million), a person familiar with the matter said, ...
