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Tag Archives: background

“I had agreed with Russia to give cash that would help with Grexit,” claims ex Syriza Minister

Panagiotis Lafazanis, energy minister in the first SYRIZA government, claimed he had agreed with Moscow in 2015 that Russia would make a down-payment for a gas pipeline so that the money could be used to finance rexit if the country would decide to leave the euro zone. Lafazanis told Vima …

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Tsipras tells Merkel “Game Over!” Background Eurogroup Malta

“Angela, once you called me about my finance minister. Now, I call you about yours.” This is what Prime Minister Alexis Tsipras told German Chancellor Angela Merkel on Wednesday, two days before the Eurogroup meeting in Malta on April 7,2017.  It was Tsipras’ phone call to Merkel that unblocked the …

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“Grexit” a la Schaeuble was a real option for Merkel after Referendum on July 5th

A “Temporary Grexit” a la Schaeuble was a real option for Greece’s Euro-partners after the Referendum on July 5th 2015.  German Chancellor Angela Merkel reportedly brought up the issue in conversation with French President Francois Hollande on July 6th, just one day after the Referendum took place. Hollande rejected Merkel’s …

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EURO Summit Background: Grexit at 6 am Monday

Several international media have leaked background information of the stormy negotiations between Greek Prime Minister Alexis Tsipras and his euro “partners” during the Euro Leaders Summit on Sunday and the dramatic night that followed. Talks “nearly ended in a Grexit, both figuratively and literally when, at 6am Monday morning Brussels …

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Presidential elections? I got that feeling of Greek Déjà vu

I have the strong feeling that since yesterday I live a Greek déjà vu experience. Components of the situation we face today that is the “political games vs snap elections” strongly remind me of summer of 2009, when then main opposition party PASOK was threatening the government of Nea Dimokratia …

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Last Chance for Survival: Greek Gov’t to seek vote of confidence

In an unexpected move, Prime Minister Antonis Samaras and deputy PM Evangelos Venizelos announced on Wednesday evening, that they will seek a vote of confidence at the Greek Parliament.The government decision splashes in the middle of a political atmosphere full of tension with main opposition party left-wing SYRIZA, a constant …

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Merkel’s Referendum Sets Greeks on Fire – Eurogroup Knew About it…

With her ‘alleged’ (?) euro-referendum proposal German Chancellor Angela Merkel achieved the impossible: to unite all Greek Parties against her! The pro-bailout and the contra-bailout parties alike. Despite denials from the German side and confirmations from the Greek side, there is still confusion on Saturday morning as to whether Angela Merkel …

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National Bank-Alpha Bank: Prosecutor probes into possible stocks manipulation

A Greek high rank prosecutor ordered a preliminary investigation into the trading of stocks of the National Bank of Greece and the Alpha Bank. Greece’s  Capital Market Commission also ordered an investigation into the same affair, focusing on the period between February 8 and 21, beginning with National Bank’s first approach to …

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Shares Trading of NBG and Alpha Bank under screening

The shares of National Bank of Greece and Alpha Bank are under the microscope of Greece’s  Capital Markets Commission, news portal Zougla.gr  reported. The screening refers to the trading of the shares in the period of time between January 18, when the administration of NBG approached the management of Alpha for the first time, …

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NBG : No new offer on the way to Alpha Bank (Upd)

An hour before the opening of Athens Stock Exchange on Monday morning, National Bank of Greece declared that NBG is sticking to its bid for Alpha Bank , economic portal Capital.gr reported. “NBG is sticking to its offer and is not in thinking to improve it”  an NBG official told …

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National Bank -Alpha Bank Merger: Some got angry…

Some people are angry about what happened yesterday with the alleged merger deal between the National Bank of Greece and Alpha Bank. Especially brokers ask the crucial question: Why did the NBG merger proposal was announced after almost a month of negotiations and only five hours before the proposal was officially rejected by …

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