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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Saturday, December 8, 2012

Greece to shield banks from buyback lawsuits: finance ministry source


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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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 ...


READ THE ORIGINAL POST AT www.foxbusiness.com

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 ProgramWall Street Journal
Biggest Greek banks say they will take part in bond buyback designed to ease ...Fox News
Greek banks say will take part in bond buybackChicago Tribune
Reuters -Fox Business -New York Times
all 433 news articles »

READ THE ORIGINAL POST AT www.bloomberg.com