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Goldman Visited Greek Banks And Believes Things Will Get Worse Before They Get Better
Tuesday, September 29, 2015 - 4:37pm | 398Goldman Sachs recently visited Greece and met with members of the banking community to get an update on conditions within the sector. Although immediate liquidity is no longer a concern due to capital controls, bank sentiment remains low. Goldman predicts that the downturn in Greece will...
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Everything Wall Street Said About Greece After 'Oxi' Vote
Tuesday, July 7, 2015 - 10:30am | 848Greek voters overwhelmingly voted "no" to a bailout plan proposed by Greece's foreign creditors. Here is a roundup of what Wall Street's top economic analysts had to say. Goldman Sachs: Greek Banks Could Come Under Strain Goldman Sachs analyst Pawel Dziedzic argued that a...
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Goldman Sachs: ELA Running Low For Greece, 'No Vote' Won't Bring Liquidity
Monday, July 6, 2015 - 7:39am | 270The European Central Bank's General Council will meet on Monday and is expected to make a decision on the ELA (Emergency Liquidity Assistance) cap for Greek banks following a "no" win in the Greek referendum held over the weekend. Other topics scheduled for discussion include the non-payment of the...