Greek banks

The 2016 estimated transaction value in Romania remained somewhat constant at USD 3.54 billion compared to 2015, while the number of transactions decreased by 8 percent, EY’s M&A Barometer reveals. Transaction value was disclosed for 44…

HSBC and Mediobanca have been hired to help Greek bank Eurobank to find a “strategic partner” for its Romanian subsidiary Bancpost, a source said for reuters.com, emea.gr quotes. “Our target is for the whole process to conclude in a year…

English-language Kathimerini argues that the capital from Greek banks last year has boosted the deposits in Romania and Bulgaria, as Grexit fears. Moreover, capital controls, the political uncertainty and the 23-day bank shutdown led…

Central bank Governor Mugur Isarescu has held the first press briefing on Wednesday after Greece’s default. The main theme of the briefing was related to the monetary policy meeting held by the central bank and to the situation in Greece…

A messy exit from the currency union could endanger the former-Communist countries bordering Greece and this includes also Romania. As doubts mount over Greece's future in the euro zone, Capital Economics said that the so-called frontier…

Standard and Poor's (S&P) warned on Wednesday it might downgrade the credit ratings of countries in Southeast Europe, including Romania, along with Bulgaria, Macedonia, Albania and Serbia, if the troubles of Greece spill over into their…

National Bank of Romania (BNR) closely monitors the situation in Greece considering the fact that the agreement extension by four months does not provide enough time to solve problems which have not been settled years in a row, Nicolae…