Moody's explains cautious approach to Greek credit rating upgrade
PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Retail turnover in June grows strongly led by fuel and supermarket sales
Economic sentiment remains stable as retail confidence materially improves
Employment balance year-to-date posts record despite more departures in July
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Greek banks' liquidity position at the centre of attention
An extraordinary meeting was held on Friday afternoon to assess the liquidity position of Greek banks after the imposition of capital controls on June 29.
Following the meeting, the chair of the Hellenic Bank Association and NBG Louka Katseli told reporters that Greek banks have a liquidity cushion of around 1 billion euros, which is considered sufficient until Monday. However, banking sources have indica...
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