Sunday, April 23, 2017

Central Bank


By  465 Views
For SYRIZA's ultra left faction, Tsipras had betrayed the referendum outcome and agreed to hand over the country's sovereignty to Berlin less than 48 hours.
Greek broke workers_0

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The European Central Bank may increase haircuts for Greek banks accessing Emergency Liquidity Assistance, in an attempt to rein in the very critical emergency liquidity which has kept Greek banks operating in recent weeks as the bank run sweeping the ...

By  421 Views
Greece issued a legislative act on Monday requiring public sector entities to transfer idle cash reserves to the country's central bank, as part of efforts to deal with a cash squeeze. Greece has been tapping into the cash reserves of ...

By  407 Views
Could it be happening? From the UK's Telegraph, "Greece is drawing up drastic plans to nationalise the country's banking system and introduce a parallel currency to pay bills unless the eurozone takes steps to defuse the simmering crisis and soften ...

By  860 Views
The Central Bank of Cyprus has been a lightening rod of controversy in Cyprus. While the Cyprus government is talking about a recovery, people on the ground see nothing remotely close to light at the end of the tunnel. So ...

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Lenders saw their customers’ deposits shrink further last month, Bank of Greece data showed on Thursday, while the flight appears to be continuing this month. On the bright side, the European Central Bank gave the local credit sector a fresh ...
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Angry Cypriots took to the streets, marching to the Cyprus Central Bank and Bank of Cyprus, throwing stones and shattering windows to show their discontent, almost two years after the catastrophic EU haircut took place.

By  691 Views
€4bn of deposits left the Greek banking system in December, €12bn in January and likely €6bn in February. That is between December and February €22bn of deposits likely left the Greek banking system and of this €10bn or 45% went ...

By  657 Views
Cypriot President Anastasiades has been under pressure to fire the Central Bank chief over conflict of interest allegations and a blowout in parliament last week when an executive member of the Central Bank claimed Georghadji was blackmailing MPs with information ...

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