Saturday May 23, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Private banks key to recovery

It is extremely important for Greece to have at least two large and completely private banks. It is absolutely necessary for the private sector to be able to do business with a lender that understands how the market works and is more open to taking risks involving business ventures.

Greece should not be allowed to return to the days when it only had state-owned banks that adopted policy and made operational decisions based on what whoever was in government at the time wanted and pressure from influential cadres in political parties.

But for Greece’s private banks to survive, the recapitalization plan must be pushed through so that the lenders that have what it takes to make it can free themselves from the state completely.

ekathimerini.com , Thursday March 13, 2014 (09:58)  
Neither Grexit nor a dual currency will solve Greece’s problems
First aid for the capital
Response to May 15 comment
No more delays
PM irked at row holding up return of ERT
It remained unclear on Saturday whether the former state broadcaster, ERT, would return to the airwaves on Monday, as Prime Minister Alexis Tsipras had announced last week, amid objections t...
Cypriot president, Turkish-Cypriot leader take a stroll through divided capital
Leaders of rival communities in ethnically-split Cyprus shared coffee and cake on Saturday in a symbolic gesture underscoring a thaw in relations over a conflict spanning decades. Cypriot Pr...
Inside News
Hotel contracts with a ‘Greek default clause’
After the drachma clauses seen in tourism contracts, foreign tour operators are now forcing hoteliers in Greece to sign contracts with a Greek default clause. Foreign organizers of internati...
Listed firms have whisked away most of their cash reserves
Listed companies have felt compelled to whisk their cash reserves abroad as the liquidity shortage increases uncertainty among local entrepreneurs. Kathimerini has discovered that 85 percent...
Inside Business
SOCCER
Greece escapes soccer suspension, FIFA happy with changes
FIFA says it is satisfied with changes made to sporting law in Greece, and has dropped a threat to suspend the country from international competition. In a letter to the government dated May...
SOCCER
Four-goal Panathinaikos thrashes Asteras away
Panathinaikos thrashed Asteras at Tripoli to gain an early advantage in the race for a spot in next season’s Champions League qualifiers, as the Super League play-offs got under way on Wedne...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. PM irked at row holding up return of ERT
2. Cypriot president, Turkish-Cypriot leader take a stroll through divided capital
3. New civil service assessment scheme focuses on rewards instead of punishment
4. Hotel contracts with a ‘Greek default clause’
5. Listed firms have whisked away most of their cash reserves
6. Deal no closer following PM’s meetings in Riga
more news
Today
This Week
1. Hotel contracts with a ‘Greek default clause’
2. Listed firms have whisked away most of their cash reserves
3. Neither Grexit nor a dual currency will solve Greece’s problems
4. First aid for the capital
5. Response to May 15 comment
6. New civil service assessment scheme focuses on rewards instead of punishment
Today
This Week
1. The Greek-German breakthrough that didn’t come
2. Conspiracy madness
3. Greece came close to not paying IMF
4. National self-awareness put to the test
5. Albanian demarche raises concerns about possible territorial claims over Greece
6. Greek endgame nears for Tsipras as bank collateral hits buffers
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.