High participation rate helps bond swap tick box
Greece continues debt management with swap of bonds worth 30 bln
Retail sales continue their rise in July as consumer confidence improves
Rating agencies concur in improved prospects for Greece
Fitch upgrades Greek rating to B-, sees debt sustainability improving
Greece completes first bond issue in three years, eyes more on way out of programme
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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