Market liquidity

The prospect of the Bucharest Stock Exchange (BVB) to promote to emerging market status, the diversification of BVB products, the need for setting up the Central Counterparty and the stage of the Sovereign Investment Fund are among the main topics the second Capital Market Forum taking place this Friday in Bucharest will be looking at; the event is organized by the Financial Intelligence econom

The significant increase in deposits over the last few months has provided the local credit system with a strong injection of liquidity, as household and corporate deposits had reached 168.4 billion euros by the end of the year's first half against 156.1 billion euros a year earlier.

There is a great symbolism attached to the lifting capital controls and it signals a speedy return to normalcy.

After a 50- month limitation of transactions domestically and abroad the Greek economy is regaining its freedom as of 1 September.

The financial state of Greece's power utility PPC is worse then initially thought, the company's new president and CEO George Stassis said on Thursday during a general shareholders meeting.

Leading real estate investment firm NBG Pangaea secured a new injection of liquidity to refinance its borrowing on more favorable terms and continue its ambitious investment program through a 300-million-euro corporate bond.

The Central Bank of Turkey (CBRT) on June 17 decided to provide primary dealer banks with a liquidity facility within the framework of open market operations.

Moody's said in a report on Monday that the outlook for Greece's banking sector remains positive due to the expected improvements in banks' funding and asset risks.
Despite the still challenging economic conditions, recent improvements will likely lead to stronger deposit growth, a gradual decline in problem loans and marginal profitability.

The electricity market is being led to financial asphyxiation as - besides Public Power Corporation's liquidity problems spreading like a virus - the government's failure to implement the structural measures needed for its full liberalization will result in expected revenue losses of 80 million euros for independent producers.

In the fall of 2013, an International Monetary Fund official stunned a number of Greek officials from state entities and ministries in central Athens by telling them that, according to his calculations, the general government must have had a liquidity surplus. At the time, nobody suspected it.

Athens-listed construction company Avax SA removed the initials J&P from its name on Wednesday, signaling a new start independent of the bankrupt Cypriot group.

The objective of the Greek company is to avoid any negative connotations and to reposition the group during what is a difficult financial juncture for Avax.