Greece to shield banks from buyback lawsuits: finance ministry source Fox Business ATHENS – Greece aims to shield its banks from possible lawsuits linked to a crucial buyback of sovereign bonds and has no plans to extend the acceptance deadline for the scheme beyond Friday, a senior finance ministry official said. A successful ... |
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Saturday, December 8, 2012
Greece to shield banks from buyback lawsuits: finance ministry source
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Is Greece in default again?
![]() Reuters Blogs (blog) | Is Greece in default again? Reuters Blogs (blog) When S&P downgraded Greece to Default on Wednesday, I thought it was a bit silly. After all, here's a chart of the benchmark 2042 bond, since issue: although it's trading at just about 30 cents on the dollar, that represents an all-time high, and the ... |
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Translating American Fare Into Greek
Translating American Fare Into Greek Wall Street Journal Creating an authentic Greek brunch is a tricky dance between standard Manhattan fare and maintaining authenticity, Chef Jim Botsacos mused while ticking off menu listings. "Greece doesn't have much of a breakfast tradition," he said. "So we're trying ... |
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Greece's Samaras Aims to Win Over Bavarians
Greece's Samaras Aims to Win Over Bavarians Wall Street Journal The southern German province has been a hotbed of opposition to extending Greece more time and money to overcome its debt troubles. Hoping to convince Bavaria's powerful conservative political establishment that saving Greece is worth the money, Mr. |
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Greek Banks Ready To Participate 100% in Buyback
Greek Banks Ready To Participate 100% in Buyback Fox Business Greece's banks are ready to hand over up to 100% of the Greek government bonds they hold for the country's debt buyback program, a senior banking official said Friday, marking a significant step towards the success of the plan. According to the ... |
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Greece Unlikely to Extend Debt Buyback Deadline
Greece Unlikely to Extend Debt Buyback Deadline Fox Business Greece is unlikely to give bondholders more time to tender their debt at a buyback beyond Friday's deadline while the results of the exercise will likely be released by early next week, people familiar with the matter said. "There is no plan for an ... |
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Friday, December 7, 2012
Greek Banks Agree to Debt Buyback as Nation Races to Free Up Aid
![]() San Francisco Chronicle | Greek Banks Agree to Debt Buyback as Nation Races to Free Up Aid Bloomberg Stung by the biggest sovereign restructuring in history earlier this year, the Greek banks got a promise that they won't be subject to any legal proceedings from shareholders for participating in the offer. Finance Minister Yannis Stournaras said today ... WSJ: Greek Banks Poised to Help Debt-Buyback Program Biggest Greek banks say they will take part in bond buyback designed to ease ... Greek banks say will take part in bond buyback |
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