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Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
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Greece digests EU-US trade deal amid mixed reaction
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Jump in corporate deposits takes balance to highest since Jan 2011
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Car registrations rise by 13.5 pct YoY in May to highest since 2010
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Finance Ministry seeks solutions to address growing housing problem
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Scope leaves rating at 'BBB' and outlook unchanged at stable
S&P holds off on new rating upgrade, ECB holds key to investment grade
Although the rating review by S&P scheduled for last Friday had created some anticipation that a further credit rating upgrade could be on the cards, the rating agency did not publish a review, closing the year with a ‘BB’ grade and positive outlook.
The agency had said during its latest rating upgrade in April that the positive outlook suggests over the next 12-18 months Greece could see another rating upgrade if growth surprises positively against estimates or is stronger than peers.
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