Saturday April 18, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Banks and market rules

Greece needs entirely privately owned banks if the country wishes to see its real economy return to growth.

No one questions the states right to have its say when it comes to crucial issues in cases where it is the lenders majority stakeholder.

At the same time however there are certain irrationalities which must end. Lenders capable of securing capital and cutting themselves completely loose from the state must be allowed to do so.

What is also absurd is when certain banks are unable to pay their executives the kind of salaries demanded by the market while other lenders do this through the use of unorthodox means and manipulations.

What this country needs is banks that will operate according to market rules, with the same rules applying to everyone and with serious, capable employees who understand how the market actually functions.

ekathimerini.com , Tuesday Jul 1, 2014 (10:01)  
Back to the beginning
Protecting a key asset
The Armenian genocide and Hagia Sophia
Crime against education
Kotzias to begin US visit with Kerry meeting in Washington
Foreign Minister Nikos Kotzias is due to begin a five-day visit to the US on Monday. He will begin his trip by meeting Secretary of State John Kerry in Washington, where he will also hold ta...
Turkey asks for investigation into Greek mosque attacks
The Turkish Foreign Ministry has asked Greece to investigate the vandalism of two mosques in Komotini following incidents on Friday. Turkey requests Greek authorities to clarify as soon as ...
Inside News
US Treasury secretary urges Greece to reach debt deal
Treasury Secretary Jacob Lew (photo) is urging Greece to reach a deal with its creditors, warning that a default would "create immediate hardship for Greece" and damage the world economy. Gr...
Greece poised to sign gas deal with Russia, says German weekly
Greece is poised to sign a gas deal with Russia as early as Tuesday which could bring 3-5 billion euros into depleted government coffers, German magazine Der Spiegel reported, citing a senio...
Inside Business
BASKETBALL
Triumph for Olympiakos at Barcelona
Olympiakos produced its best away performance so far this season to defeat host Barcelona 76-63 on Friday and snatch the home advantage in the Euroleague play-offs. The Reds have now tied th...
BASKETBALL
Another heavy loss for improved Panathinaikos in Moscow
Panathinaikos raised its performance since Tuesday but still suffered a 20-point loss at CSKA Moscow on Thursday to find itself trailing 2-0 after Game 2 of the Euroleague play-offs. Having ...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. US Treasury secretary urges Greece to reach debt deal
2. Greece poised to sign gas deal with Russia, says German weekly
3. Russia gas deal would not solve Greeces problems, says Schaeuble
4. Spanish official slams Greece, says time running out
5. Kotzias to begin US visit with Kerry meeting in Washington
6. Turkey asks for investigation into Greek mosque attacks
more news
Today
This Week
1. Back to the beginning
2. Golden Dawn on trial amid conflict over court venue
3. Terrorism suspects caught following German request
4. Kotzias to begin US visit with Kerry meeting in Washington
5. Turkey asks for investigation into Greek mosque attacks
6. Protecting a key asset
Today
This Week
1. Quarantine for Greek bank subsidiaries in neighboring countries
2. Greece and lenders head back to technical talks
3. Contraband is big business in Greece
4. FYROM push expected at EU meeting
5. Islands of eastern Aegean struggle as migrant influx triples
6. Greek finance ministry hits back at German newspaper report
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.