ECB report highlights sluggish Greek economic growth
Strong interest as Greece issues first 52-week T-Bill in almost eight years
Athens identifies drivers for growth as it draws up strategy for next years
Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
Athens meets bond targets despite testing market conditions
ECB stress tests and what they will mean for Greek banks
The European Central Bank (ECB) is due to release the results of its comprehensive assessment of the financial health of 130 banks in the euro area at noon (CET) on Sunday. In the two weeks that follow banks will have to submit their capital plans, detailing how capital shortfalls will be covered in the next 6-9 months.
The comprehensive assessment comprises of two main pillars. The first is an Asset Quality Review (AQR) mainly involving banks’ asset and collateral valuation as well as related provisions. A capital benchmark of Common Equity Tier 1 (CET1) of 8 percent ...
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