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Archive - May 25, 2010

What's wrong with the arithmetic of the Greek equation?

25 May 2010 / 12:05:40  
Fears are increasing that Greece will not be able to pay its debts and it will defer them. The banned hedge funds hold just 4 percent of Greek foreign debt, most bonds are in the portfolios of local banks.

Series of mergers will leave only two private banks on the Greek market

25 May 2010 / 08:05:06  
Increasingly insistent become scenarios of the formation of two large private banks, which will swallow their smaller brethren. This is expected to radically change the landscape of the banking market in the country and the beginning is put by the National Bank of Greece with 75% drop in net profit for the first trimesichie 2010.