The Cypriot banks, as the European ones, face capital challenges due to their exposure to government bonds and any additional capital needed must stem primarily from the banks themselves, a Finance...
The bankers will give battle over time to convince the parties and the Parliament on the problems they tracked down in the governmental bill for the state support of the banks. In view of the...
26/10/2011
The European leaders are called on today to give the final solutions to the debt crisis plaguing the euro area over the last 21 months. The leaders of the euro area member states will meet for...
26/10/2011
The Council of Ministers approved on Tuesday the two controversial bills that provide for the nationalization of the banks. The Commercial Banks’ Association disagreed with the bills yesterday,...
25/10/2011
The bankers have expressed serious objections to the law that provides for a state intervention in the support of the banks in crisis situations. The draft law under the name “Financial Crisis...
25/10/2011
The high ranking officials of the domestic banks are waiting for the results of the deliberations among the European leaders for the settlement of the debt crisis. The strong political...
24/10/2011
The banks decided to restrict lending in view of the challenges that they will face in the next few months. A new Central Bank survey confirms the increased reservation of the banks in the...
21/10/2011
The government is putting the final touches in the next few days on the legislative regulations that pave the way for the privatization of the banks in case of an emergency. The Finance Ministry...
20/10/2011
The Board of Directors of Marfin Popular Bank approved the issue of Non-cumulative Perpetual Enhanced Capital Securities (“Enhanced Capital Securities”) of up to €737.8 million. According to the...
07/10/2011
The nightmare of the Greek bonds returns for the European and domestic banks amid scenarios that the largest involvement of the private sector to avoid a Greek default is under examination. The...
05/10/2011