Fitch keeps Greek rating stable at 'BB-' but sees growth momentum building
Details of bond issue give Athens boost in bid to establish market access
Increase of 11 pct in minimum wage to have knock-on effect in economy
Minimum wage increase set for end of January amid concerns about economic impact
S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
PDMA sets out plans to build on recent market forays with bond issues in 2019
Demand for hospitals' reserves raises concerns about govt's liquidity position
Fresh concern about the government’s liquidity position have been raised after the Health Ministry sent a letter to hospitals on April 21 demanding that they transfer their cash reserves to a special account at the Bank of Greece (BoG).
The ministry request urges hospitals to implement a legislative act of 2015, which required general government bodies to transfer the cash they hold at commercial banks to a segregated account at the BoG. The letter asks for the relevant amounts to be t...
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