Dollar down on fresh China, Greece fears. Australian Dollar. by: From: AAP; 19 minutes ago August 24, 2015 8:33AM. Share; Share on Facebook ...
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| READ THE ORIGINAL POST AT www.news.com.au |
How the world sees Greece
Showing posts with label Banking and Budgeting. Show all posts
Showing posts with label Banking and Budgeting. Show all posts
Monday, August 24, 2015
Monday, August 17, 2015
Greek bank bonds collapse on bailout promises
Greece's four banks – National Bank of Greece, Piraeus Bank, Alpha Bank, and Eurobank – account for 91 percent of Greek banking assets.
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| READ THE ORIGINAL POST AT www.rt.com |
Sunday, August 2, 2015
It would take many months or years for Greece to lift capital controls
NICOSIA, Aug. 2 (Xinhua) -- If Cyprus can be an example to judge by, Greece would need many months or even years to lift capital controls imposed ...
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| READ THE ORIGINAL POST AT news.xinhuanet.com |
Friday, July 24, 2015
FOREX-Euro buoyant after Greece takes bailout step, dollar sags vs yen
TOKYO, July 24 (Reuters) - The euro hovered near one-week highs against the dollar early on Friday as relief from Greece taking another step ...
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| READ THE ORIGINAL POST AT www.reuters.com |
Euro buoyant on Greek bailout step, Aussie hits six-year low
The common currency was lifted after the Greek parliament approved a second set of reforms required to start negotiations with lenders in a bid to ...
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| READ THE ORIGINAL POST AT www.reuters.com |
Euro higher as Greek parliament approves more reforms
The euro strengthened on Thursday, briefly rising above $US1.10 for the first time in a week, as the Greek parliament approved a second set of ...
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| READ THE ORIGINAL POST AT www.smh.com.au |
Monday, July 20, 2015
Why Greeks Are Reluctant to Spend Money
After a three-week shutdown, Greek banks have re-opened for Greeks, but people still aren't free to withdraw and spend money freely.
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| READ THE ORIGINAL POST AT abcnews.go.com |
Greek debt crisis: banks reopen but stock market still closed
Greece’s bank branches are open for the first time in three weeks, as Athens prepares to repay $4.2bn to the ECB 7.38am BST Good morning, and welcome to our rolling coverage of the Greek debt crisis.Across Greece, banks are reopening after a three-week hiatus. Customers are flocking to their local branches for the first time since Alexis Tsipras’s fateful decision to call a referendum on the country’s bailout terms.Greek banks to reopen for first time in 3 weeks. But long queues at ATM's remain as CNBC shows http://t.co/GzCWxQxQ1d pic.twitter.com/PVD8tFb3j3Bank customers will still not be able to cash checks, only deposit them into their accounts, and will not be able to get cash abroad with their credit or cash cards, only make purchases.There are also restrictions on opening new accounts or activating dormant ones. Related: Greek banks start to reopen for first time in three weeks Greece has reached the deadline it couldn’t afford to miss, for a bill it can finally afford to pay. Related: Alexis Tsipras reshuffles cabinet to get rid of bailout dissidents Continue reading...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Saturday, July 11, 2015
Five things you need to know about banking
Are Greece’s banks close to collapse?
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| READ THE ORIGINAL POST AT www.independent.co.uk |
Thursday, July 9, 2015
Greece debt crisis: With no trust in banks, Greeks are investing in designer bags and shoes
In Greece’s new economic order, Chanel is becoming more valuable than cash.
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| READ THE ORIGINAL POST AT www.independent.co.uk |
Wednesday, July 8, 2015
In Greece, Chanel becomes more valuable than cash
ATHENS — In Greece's new economic order, Chanel is becoming more valuable than cash. Banks in this Mediterranean nation have been shut down ...
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| READ THE ORIGINAL POST AT www.washingtonpost.com |
Monday, July 6, 2015
Greek Referendum, Foreign Exchange News and the Futures Market
stockquotes.jpg Home Page News Page It is difficult to make much sense of the short-term price action in the foreign exchange market based on or spurred by this or that headline about Greece. On the week, the euro lost about 0.6% against the dollar but outperformed the other major currencies save the yen. The yen gained nearly 1% against the dollar, the only major currency to do so. It is difficult to make much sense of the short-term price action in the foreign exchange market based on or spurred by this or that headline about Greece. On the week, the euro lost about 0.6% against the dollar but outperformed the other major currencies save the yen. The yen gained nearly 1% against the dollar, the only major currency to do so. It is difficult to make much sense of the short-term price action in the foreign exchange market based on or spurred by this or that headline about Greece. On the week, the euro lost about 0.6% against the dollar but outperformed the other major currencies save the yen. The yen gained nearly 1% against the dollar, the only major currency to do so. read more
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| READ THE ORIGINAL POST AT www.economywatch.com |
Sunday, July 5, 2015
Greek Referendum, Foreign Exchange News and the Futures Market
stockquotes.jpg Home Page News Page It is difficult to make much sense of the short-term price action in the foreign exchange market based on or spurred by this or that headline about Greece. On the week, the euro lost about 0.6% against the dollar but outperformed the other major currencies save the yen. The yen gained nearly 1% against the dollar, the only major currency to do so. It is difficult to make much sense of the short-term price action in the foreign exchange market based on or spurred by this or that headline about Greece. On the week, the euro lost about 0.6% against the dollar but outperformed the other major currencies save the yen. The yen gained nearly 1% against the dollar, the only major currency to do so. It is difficult to make much sense of the short-term price action in the foreign exchange market based on or spurred by this or that headline about Greece. On the week, the euro lost about 0.6% against the dollar but outperformed the other major currencies save the yen. The yen gained nearly 1% against the dollar, the only major currency to do so. read more
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| READ THE ORIGINAL POST AT www.economywatch.com |
Saturday, July 4, 2015
Report Claims Desperate Greek Banks May Raid Customers' Accounts for Cash
ATHENS (AFP) – A Financial Times report that Greek savers could lose 30 percent of their bank deposits to shore up their country's banking system is ...
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| READ THE ORIGINAL POST AT www.breitbart.com |
Thursday, July 2, 2015
2 Greek Banks to Accept Deposits as of Thursday
As of Thursday, Greeks will be able to make deposits and payments in 289 branches of the National Bank of Greece (NBG) and 174 branches of Eurobank that will operate during the bank holiday. At the same time, they can deposit cash without an envelope in 677 ATMs, which will be immediately available in another 130 ATMs with an envelope, where the amount will be credited the next business day. NBG informs individuals and companies that during the period of short-term bank holiday until July 6, 2015, the bank accepts cash deposits. As of Thursday, July 2, 2015, NBG’s 289-branch network will be operating during the bank holiday for the payment of pensions and will also accept deposits and applications for new debit cards. Payments on deposit accounts abroad will also be made by special orders. (Source: ANA-MPA)
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Wednesday, July 1, 2015
This Is What It's Like to Be a Rich Man in Greece Who Can Not Legally Pay His Debt
More important, Greece has made the first step down the road to capital controls by prohibiting the transfer of money to destinations outside Greece ...
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| READ THE ORIGINAL POST AT time.com |
Tuesday, June 30, 2015
Greeks Can Only Get $67 From ATMs; Banks Shut for Week
Greece imposed restrictions on money withdrawals and banking transactions to keep its financial system from collapsing due to a run on the banks.
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| READ THE ORIGINAL POST AT feeds.nbcnews.com |
What Happens When a Country Like Greece Closes Its Banks
History can shed some light on the Greek drama. Before joining the euro, the Greece's government had previously implemented strict capital controls and transaction limitations.
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Monday, June 29, 2015
Austrian, French and Greek capital banks dominate Romania’s banking market
Banks with foreign majority stakeholders dominate the Romanian banking sector, representing over 90 per cent of the gross banking assets registered at the end of December 2014, according to the National Bank of Romania’s (BNR) 2014 annual report. “The size of the Romanian banking sector remains relatively low compared to other EU member states. Thus, [...]
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| READ THE ORIGINAL POST AT www.nineoclock.ro |
Sunday, June 28, 2015
Austrian, French and Greek capital banks dominate Romania’s banking market
Banks with foreign majority stakeholders dominate the Romanian banking sector, representing over 90 per cent of the gross banking assets registered at the end of December 2014, according to the National Bank of Romania’s (BNR) 2014 annual report. “The size of the Romanian banking sector remains relatively low compared to other EU member states. Thus, [...]
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| READ THE ORIGINAL POST AT www.nineoclock.ro |
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