greek banks

The WorldPost
Things got pretty intense.
The World Post
While we all watch with shock as Greece goes into an economic death spiral, much bigger waters are stirring with long term consequences for all of us.
The World Post
Although the eurozone is better equipped than it was in the past, it is still a highly imperfect monetary union. In fact, if Greece exits, new vulnerabilities will emerge, and there is no certainty other weak southern periphery economies will actually be protected. This may add to the many reasons for the two parties to reach an agreement this week, allowing Greece to remain in the eurozone. The alternative could be the beginning of the end of the euro.
The World Post
DUBLIN -- The decisive nature of the No vote should persuade European leaders to set aside their hopes of forcing regime change and to focus their minds on the practical implications of a Grexit. They need to acknowledge something that is widely accepted: that Greece cannot pay back all of the money loaned by Europe. Pushing Greece towards a euro exit  is probably the strategy that will ultimately minimize the return of money to the creditors.
The World Post
Unlike many letters from Congress that are ignored by the executive branch, this one might be taken more seriously by the IMF and the U.S. Treasury department -- which is the IMF's most powerful overseer. One reason is that the IMF has been trying for five years to enact reforms in its governance structure that are very important to the Fund and Treasury -- reforms that can't be enacted unless they are approved by Congress.
Politics
A little over twenty-five years ago I made my first trek to Greece and Cyprus. One of the things I recall younger Greeks criticizing their elders for was their lacking of belief in the newly introduced 'every-man's' banking system.
WorldPost
Defaults are difficult. But even more so is austerity. The good news for Greece is that, as Argentina showed, there may be life after debt and default.
The World Post
European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics.
WorldPost
BUENOS AIRES -- Athens in 2015 will become like Buenos Aires in 2001. Greeks now face the prospect of prolonged capital controls, severe political unrest and eventually a confiscation of ordinary citizens' savings to finance a government's withdrawal from the world.
The World Post
Greece's Prime Minister Alexis Tsipras attends an emergency Parliament session for the government'€™s proposed referendum
The World Post
Though that was below the level of over 1 billion euros seen on some days over the past two weeks, the figure was almost
The World Post
When banks are in distress, it is important to assess how easily the bank's capital cushion can absorb potential losses from troubled assets. To do this, I performed an analysis using Texas Ratios for Greece's four largest banks.
Media
Eleftherotypia was Greece's second-biggest newspaper, a centre-left daily with a proud tradition of independent reporting
Business
The long-awaited injection - via bonds from the European Financial Stability Facility rescue fund - will boost the nearly
Business
The ECB only conducts its refinancing operations with solvent banks. With no access to ECB funds, the banks concerned must