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
S&P highlights risks for Greek banking sector
Greek banks still face higher economic risks than most banking sectors globally, while the country’s economic prospects remain highly uncertain, S&P notes in its latest report on local lenders released on Wednesday evening.
Against this backdrop, the rating agency expects banks to book high credit losses in 2016 and 2017, despite the large loan provisions of the last five years. In addition, low interest rates, the high stock of non-performing loans (NPLs) and funding imba...
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