Greece
Calamos Supports GreeceCalamos Supports Greece

Goldman Sachs

Piraeus Bank Expects to Raise $1.66 Billion Though Equity Offering

Piraeus Bank, one of Greece's four big lenders, expects to raise 1.38 billion euros ($1.66 billion) through the capital increase process

Goldman Sachs: Greek Banks have Limited Ability to Withstand Shocks

Greek banks have a limited ability to withstand external or internal shocks, a Goldman Sachs report says. According to Capital.gr website, Goldman Sachs representatives were in Athens and had contacts with bank executives and policy makers in order to assess...

Goldman Sachs: Govt-Troika Agreement More Important to Reducing Borrowing Costs Than ECB Decision

Quantitative easing, announced on Thursday by European Central Bank President Mario Draghi, is not going to be as influential in reducing Greece's borrowing cost as will an agreement between the government formed after Sunday's national elections and the Troika of...

DW: Greece Could Fall Behind Again

The euro crisis, considered overcome by many in Europe, could return on a massive scale in 2015. If Greece's far-left SYRIZA party, which is currently leading in opinion polls, wins snap elections, financial market confidence will likely be...

Second Day of Losses in Athens Stock Exchange

For a second day in a row, Greek stocks and state bonds remain under heavy pressure. Starting yesterday and hit by a wave of selling foreign investors, the Athens Stock Exchange (ASE) index fell more than 7%, significantly below the 900-point...

NBG Hires Advisers for Sale of Turkish Finansbank

National Bank of Greece (NBG) has hired other banks including Goldman Sachs, Morgan Stanley and Bank of America Corp to work as advisers on the sale of 40% of Turkish Finansbank, reported Bloomberg. NBG is planning on selling its shares...

Goldman, Deutsche Bank to Buy National Bank's Buyout Firm

The private-equity units of Goldman Sachs Group Inc. and Deutsche Bank AG are reaching an agreement to purchase the buyout arm of National Bank of Greece SA. As reported in Bloomberg, Goldman Sachs Asset Management and DB Private Equity intend to...

Brits Buying On Greek Islands

The islands of the Cyclades, Kefalonia and Corfu rank among the five destinations that the British want to invest in. Falling prices in the property market of Greece have led  British looking for a holiday home in one of the...

Bank of Greece Acquires Eurobank

With Greek banks still reeling from big losses imposed by the government in a desperate bid to write down its staggering $460 billion debt, shareholders at Eurobank have voted to accept a buyout offer from the National Bank of...

Goldman Sachs Says No Greek Growth Plans

The President of the American investment firm Goldman, Sachs, blamed by some critics for helping cause Greece's crushing economic crisis with its financial instruments,said that Europe still faces “fundamental problems” and that policy makers don’t appear to have a...