Wednesday Jul 30, 2014 Search
Weather | Athens
32o C
25o 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)  
Through insecurity comes optimism
Futile policy
Weighing all the factors
Clear rules, for everyone
Troika review in Athens unaffected by Paris meeting
A meeting between troika and Greek government officials in Paris at the beginning of September does not mean that representatives of Greeces lenders will not then travel to Athens to carry ...
Soldiers set to sue over wages
Members of the armed forces and emergency services look set to take legal action to have their wages restored to pre-2012 levels after the government suggested it would not raise their pay t...
Inside News
Deals reached for twin plot on Afandou, for 42 million
State sell-off fund TAIPED announced pn Tuesday that it has reached a deal for the utilization of two adjoined plots at Afandou on Rhodes, amounting to 42.1 million euros. The funds governi...
More delays and red tape for companies tax rebates
The General Secretariat for Public Revenues has added one more bureaucratic obstacle to the efforts of cash-starved enterprises to secure liquidity, as a new regulation stipulates that they ...
Inside Business
VOLLEYBALL
Volleyball national team second in European League
Much as the national volleyball team tried to repeat in the finals of the European League the feat it had achieved in the semifinals, it failed to overturn the advantage Montenegro had got f...
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. I l...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Deals reached for twin plot on Afandou, for 42 million
2. More delays and red tape for companies tax rebates
3. Greek shipowners continue to invest in fleet renewal
4. Trainose sale is not on track
5. Industry asks for govt intervention
6. Troika review in Athens unaffected by Paris meeting
more news
Today
This Week
1. Greece names fifth privatization agency chief in four years
2. Archaeological council bans international climbers' gathering at Meteora
3. Worlds largest solar boat on Greek mission
4. Venizelos to meet Nimetz in Athens
5. Tsipras discusses Cyprus with Anastasiades in Athens
6. More than 120,000 households to receive special benefit
Today
This Week
1. Unequal after death
2. Greek sovereign debt at 174.1 percent of GDP in first quarter
3. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
4. Quadriplegic woman on life support 'dies due to unpaid power bills'
5. Front-line threats
6. Defense Minister Avramopoulos to represent Greece at European Commission
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.