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' capital backstop and the funding gap: An uneasy relationship
The recapitalisation of Greek banks carried out in June 2013 put an end (at that time) to a long period of uncertainty regarding the bolstering of their capital base and ability to raise fresh money from private investors.
The three core banks (Alpha Bank, National Bank and Piraeus Bank) raised a total of 3.1 billion or 14 percent of capital needs from private investors, exceeding the 10 percent minimum private sector participation threshold, also preserving their private...
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