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
Final structure of bank recap taking shape, cautious optimism for outcome
Despite indications that the government would reveal its decisions on the bank recapitalisation framework by October 21, discussions within the cabinet and with the mission chiefs continued throughout last week.
Since the European Central Bank’s Single Supervisory Mechanism (SSM) is expected to announce the Greek banks’ capital needs on October 30–31, the draft bill on bank recapitalisation is expected to be tabled shortly and voted on before the SSM disclosure.
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