Greece
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Morgan Stanley

Morgan Stanley: Greece Must Simplify Investment Framework

Greece needs to simplify the institutional framework to allow investments and remove the obstacles when investing in land and property, Vice Chairman for Global Capital Markets at Morgan Stanley Reza Moghadam said on Wednesday at an event organized by the Athens-based...

Former IMF Official: Greek Debt Must be Cut by 50%

Former International Monetary Fund (IMF) European Department Director until 2014 and supervisor of Poul Thomsen, Reza Moghadam, requested the write-off of half of Greece's debt. In a letter to The Financial Times on January 26, the current Vice Chairman...

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...

Stournaras: No Rush For Bond Markets

With the investment seemingly ready to embrace the first Greek bonds since the country went into a crushing financial crisis four years ago, Finance Minister Yannis Stournaras said it won't happen soon. "We will return by the summer, within the...

Swiss Grill Zigras Over Greek Bribery Schemes

Swiss judicial authorities are visiting Greece to take testimony in cases involving alleged money laundering in banks in Switzerland where banking and government officials have so far refused to lift the veil of secrecy over accounts there, said to...

Morgan Stanley: Buy Greek Bonds

Investment firm Morgan Stanley is uring investors to buy Greek government bonds. According to the Wall Street Journal, the head of the external strategy of the American bank, Paolo Batori, in a recent economic forum, said that “the Greek...