Greece bank stability at risk as fear of economic disaster grows
Greece's sense of peril has deepened with the reports of money being pulled out of the tottering banking system at an alarming rate.ATHENS — Fear for the health of Greece's banks increased Wednesday after a rush of withdrawals as the country braces for fresh elections that could determine whether it remains part of the Eurozone. full story 
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Greece's biggest bank turns a Q4 profit
ATHENS, Greece (AP) -- Greece's biggest bank, National Bank of Greece, has reported a sharply narrower loss for 2012 and even says it made a profit in the final three months of the year....
ap.org (2 months ago)
Private equity crash could trigger next wave of financial crisis, Bank warns
Bank of England fears that larger private equity deals done in the boom years 'pose a risk to the stability of the financial system' as refinancing loomsThe Bank of England warned on Thursday that the next phase of the UK's six-year financial and economic crisis may be triggered by the collapse of debt-laden companies bought by private equity firms in the boom years before...
guardian.co.uk (2 months and 13 days ago)
EU bank proposals 'risk domino sequence of failures'
Proposed European Union rules governing how losses are imposed on creditors in a failed bank pose the risk of a "domino effect" threatening financial stability in Britain, George Osborne will warn on Tuesday.
telegraph.co.uk (12 days ago)
Bank of Greece: Output down 20.1 percent
ATHENS, Greece (AP) — The recession in Greece has cut output by 20.1 percent between 2008 and 2012, but the country's economy is "clearly improving" after avoiding the dangers of a default and euro exit, the governor of the Bank of Greece said Monday.
boston.com (2 months and 30 days ago)
Fitch upgrades Greece's credit rating
ATHENS, Greece - Fitch ratings agency has upgraded Greece's credit grade by one notch, from CCC to B-, saying the debt-hobbled country's economy is rebalancing. In a statement Tuesday, it says Greece has made "clear progress" toward eliminating its high budget deficit and the risk of it leaving the 17-member euro currency has receded. Fitch noted, however, that a real...
bostonherald.com (11 days ago)
Questions raised about Greek bank merger
ATHENS, Greece (AP) — A statement by the Bank of Greece has raised speculation that an expected merger between the National Bank of Greece (NBG), the country's largest, and EFG Eurobank may not happen.
boston.com (1 month and 16 days ago)
Greece's biggest bank turns a Q4 profit
Greece's biggest bank, National Bank of Greece, has reported a sharply narrower loss for 2012 and even says it made a profit in the final three months of the year.
miamiherald.com (2 months ago)
Greece's biggest bank turns a Q4 profit
Greece's biggest bank, National Bank of Greece, has reported a sharply narrower loss for 2012 and even says it made a profit in the final three months of the year.
foxnews.com (2 months ago)
Bank of Greece: Output down 20.1 percent
The recession in Greece has cut output by 20.1 percent between 2008 and 2012, but the country's economy is "clearly improving" after avoiding the dangers of a default and euro exit, the governor of the Bank of Greece said Monday.
miamiherald.com (2 months and 30 days ago)
Greece seals deal with debt inspectors
ATHENS, Greece — Greece cleared an important hurdle in its drive to receive its next batch of bailout loans after international debt inspectors said Monday they had reached an agreement over the country's economic reforms — including the firing of thousands of civil servants.The review by delegates from the International Monetary Fund, European Commission and European...
bostonherald.com (1 month and 9 days ago)
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