| * Greek banks report record losses after bond swap Reuters * Greek banks report record losses after bond swap * Tier 1 capital ratios nearly wiped out * Lenders to resort to state help for survival By George Georgiopoulos and Lefteris Papadimas ATHENS, April 20 (Reuters) -Greece's top banks posted historic ... See all stories on this topic » | ||
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| Greece arrests former defence minister ahead of election Southeast European Times Prosecutors outlined charges in a 103-page report that alleged he used his position to steal as much as 47m euros in under-the-table bribes for defence procurements. While beleaguered Greeks were gleeful, doubts remain whether Tsochatzopoulos, 72, ... See all stories on this topic » | ||
| Greece's Big 4 Banks Post Record Losses Wall Street Journal By ALKMAN GRANITSAS, STELIOS BOURAS and NEKTARIA STAMOULI ATHENS (Dow Jones)--Greece's big four banks Friday, which together control about 80% of the Greek banking system's assets, posted record fourth-quarter losses of more than EUR24 billion combined ... See all stories on this topic » | ||
| EIB Asks Greek Firms to Sign Loan Clauses, Kathimerini Reports Bloomberg The European Investment Bank, the European Union's bank, is asking Greekcompanies to sign loan agreements that include clauses to renegotiate debts in case the country reverts to the drachma, Kathimerini reported. Public Power Corp. See all stories on this topic » | ||
| Crisis proves a curse for Greece's Orthodox Church Reuters This makes Greeks among Europe's strongest Christians, although many are infrequent church-goers. MIXED FEELINGS In a country where private charities and volunteering remain embryonic, the main burden of helping the destitute and downtrodden falls on ... See all stories on this topic » | ||
| Bond swap hammers Greek banks BusinessWeek By DEREK GATOPOULOS and NICHOLAS PAPHITIS Four major Greekbanks on Friday announced combined losses of (EURO)28 billion ($36.9 billion) in 2011, hammered by a recent bond-swap deal between Greece and with private creditors that leaves local lenders in ... See all stories on this topic » | ||
| Greece's Alpha Bank Books EUR3.22B Loss From Debt Write-Down Wall Street Journal AT), Greece third-largest lender by assets, said Friday that it was booking a EUR3.22 billion loss in the fourth quarter stemming from a mammoth debt restructuring by the Greek government last month. For the three months to December, the bank swung to ... See all stories on this topic » | ||
| Conservatives lead Greek polls, but support weak BusinessWeek Polls indicate that Greece's majority Socialists are trailing their main conservative rivals by up to 7 percentage points nearly two weeks before crucial national elections. But three surveys released on Friday, the last day on which polls can be ... See all stories on this topic » | ||
| Amid Europe's Debt Crisis, A Sharp Rise In Suicides NPR by Sylvia Poggioli Audio for this story from Weekend Edition Saturday will be available at approx. 12:00 pm ET Mourners gather at the spot in front of theGreek parliament in Athens where 77-year-old retired pharmacist Dimitris Christoulas shot and ... See all stories on this topic » | ||
| Debt rescue writedown hits Greek banks Sydney Morning Herald Greek banks have reported massive losses for last year as a debt writedown agreed as part of a second major bailout for the stricken country devastated their already under-pressure balance sheets. National Bank of Greece, the largest lender, ... See all stories on this topic » | ||
| Airline execs convicted over 2005 Greece crash Reuters ATHENS, April 20 (Reuters) - Three executives of a defunct Cypriot airline and a British engineer were each sentenced in absentia to 10 years in prison on Friday for their role in Greece's worst air crash that killed 121 people, court officials said. See all stories on this topic » | ||
| Greek banks set to unveil big losses for 2011 Pakistan Daily Times ... Greek banks will post deep losses for 2011 when they report results on Friday, with the spotlight on the scale of the capital hit they suffered from big bond writedowns and provisions for bad loans. Battered by a debt crisis and recession, Greece's ... See all stories on this topic » | ||
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| Greek private islands being sold off after tax hike GlobalPost Private island sales in Greece have recently spiked with economic worries. (Sean Gallup/Getty Images) Sales of Greece's small, private islands are spiking due to higher land taxes recently introduced by the Greek government, according to Kathimerini. See all stories on this topic » | ||
| Greece: Pro-bailout parties have slim lead Asbury Park Press The Greek Parliament is seen behind country's flag in Athens, Friday. Polls indicate that Greece's majority Socialists are trailing their main conservative rivals by up to 7 percentage points nearly two weeks before crucial national elections. See all stories on this topic » | ||
| IMF: Greece Program Review Will Take Place After May Elections Wall Street Journal WASHINGTON (Dow Jones)--An initial review of Greece's second bailout program will take place after the country's elections next month, the director responsible for the International Monetary Fund's role in the so-called troika said Friday. See all stories on this topic » | ||
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| National Bank of Greece's CEO Discusses F4Q11 Results - Earnings Call Transcript Seeking Alpha In my brief introductory remarks, I'd like to provide you with my thoughts on the challenges facing the Greek banking system in general and what NBG's strategy is. First few words regarding the Greek macroeconomic environment.Greece has agreed with ... See all stories on this topic » | ||
| Orthodox lay presidency at the Eucharist? GetReligion Reuters has a dispatch from Athens on the difficulties the Greek financial collapse is causing the Orthodox Church. The article entitled “Crisis proves a curse for Greece's Orthodox Church” will appear in various forms in newspapers and websites this ... See all stories on this topic » | ||
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| Greece: Defence Spending Next On The Chopping Block Eurasia Review And as Greeks gear up for a May 6th election to choose a new prime minister amid a fractured political landscape that could lead to another coalition government, the Troika has warned another 12m euros in cuts is needed. That means that Greece, ... See all stories on this topic » | ||
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| America avoids Europe's austerity nightmare Sacramento Bee Borrowing on the strength of the euro, Greeks during the past decade took on Olympic-level personal debt. When the credit crisis - fueled by the global mortgage-backed security meltdown - reached the Aegean, the Greekeconomy tanked. See all stories on this topic » | ||
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| National Bank of Greece Earnings Call Nuggets: Sectors Forecast, ECB Usage Wall St. Cheat Sheet Apostolos Tamvakakis – CEO: You are correct that there needs to be a refocus of the Greek economy to more tradable sectors, the most oblivious sector is tourism in the broad sense. We have lots of very small mom-and-pop type hotel business. See all stories on this topic » |
| EU report to show rocky road ahead for Greek recovery In the report that runs to more than 40 pages, however, officials list a litany of problems facing the Greek economy, whose recovery is key for the future of the ... www.reuters.com/.../us-eu-greece-idUSBRE83G1CC20120417 |
| * Greek banks report record losses after bond swap Greek banks report record losses after bond swap* Tier 1 capital ratios nearly wiped out* Lenders to ... Reuters TV · Reuters News ... ATHENS, April 20 (Reuters) - Greece's top banks posted historic losses for 2011 on Friday, hit by a bond ... www.reuters.com/.../banks-greece-idUSL6E8FKF0G2012042... |
| BBC News - Greece election announced for 6 May Continue reading the main story ... Greek Prime Minister Lucas Papademos has called elections on 6 May, after five months of ... Mark Lowen BBC News, Athens ... www.bbc.co.uk/news/world-europe-17673917 |
| Election Makes Saving Banks Swansong for Papademos: Euro Credit As Greeks prepare for an election that's unlikely to produce a clear winner, interim Prime ... an acute problem” in Greece, the IMF said in a reportreleased March 16. ... voters by Pulse RC for Tipos tis Kiriakis newspaperpublished on April 14. www.bloomberg.com/.../election-makes-saving-banks-swanso... |
| Greek exports to China on the up | Athens News It's not all doom and gloom as far as the Greek economy is concerned with areport showing the continuing health of Greece's merchant relationship with China ... www.athensnews.gr/portal/1/54950 |
| Former Greek Defence Minister Arrested on ... - Cyprus News Report akis tsochatzopoulos arrest warrant Former Greek Defence Minister Akis Tsochatzopoulos has been arrested on allegations of money laundering, according to ... www.cyprusnewsreport.com/?q=node/5594 |
| Amid hard times, anti-immigrant sentiments in Greece growing ... GMA News Online ... of “Mein Kampf” and books on the racial superiority of theGreeks are on prominent display in its Athens headquarters," the report said. www.gmanetwork.com/.../amid-hard-times-anti-immigrant-sen... |
| Opinio Juris » Blog Archive » In Other ECHR News: Greeks Have No ... In Other ECHR News: Greeks Have No Right to Vote, at Least Not in Strasbourg. by Peter Spiro. The European Court of Human Rights is getting a lot of play ... opiniojuris.org/.../in-other-echr-news-greeks-have-no-right-to-... |
| Greece News - Topix News on Greece continually updated from thousands of sources around the net. ... Greek banks are preparing to report massive losses for 2011 that will reveal ... www.topix.com/world/greece?redirid=1334841161 |
| Greek Prime Minister Calls Snap Election - Indiana News Story ... ATHENS (CNN) -- Greece will hold parliamentary elections May 6, Prime Minister Lucas Papademos announced Wednesday. ... Thursday, April 12, 2012. www.theindychannel.com/news/30873366/detail.html |
| Greek Prime Minister Calls Snap Election - Denver News Story ... ATHENS (CNN) -- Greece will hold parliamentary elections May 6, Prime Minister Lucas Papademos announced Wednesday. ... Wednesday, April 11, 2012. www.thedenverchannel.com/news/30873366/detail.html |
| Unemployed Greeks Look To Create Their Own Jobs : NPR Many young Greeks are worried that the nation's economy will take years to recover. Some are leaving for jobs ... NPR News and Shows ... Listen to theStory ... www.npr.org/.../unemployed-greeks-look-to-create-their-own-... |
| Greek newscaster attacked on-air by eggs, yogurt? - New York Daily ... A Greek news show host may want to hold off on dairy for a while after ... to be behind attacks on immigrants and nationals with a foreign appearance, AFPreports. ... of dollars in EU funding, according to the Greece news agency 24 Chasa. articles.nydailynews.com/.../31309344_1_illegal-immigrants-a... |
| Greece set for snap election after PM submits resignation - RTÉ News Greece's Prime Minister Lucas Papademos has set the stage for early elections on 6 May by ... 1 of 1. Lucas Papademos has submitted his resignation as Greek PM .... Dan Karpenchuk reports that Miss Universe will allow transgender entries ... www.rte.ie/news/2012/.../greek-pm-submits-resignation.html |
| Greek PM calls for May 6 general election - World - CBC News Prime Minister Lucas Papademos on Wednesday called a general election inGreece for May 6, after his coalition government pushed through landmark ... www.cbc.ca/news/world/story/2012/.../greece-election-call.htm... |
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