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Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
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DBRS leaves Greece a notch from investment grade, outlook stable
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
Greece sizes up task of restructuring corporate debt
The Bank of Greece (BoG) released on Friday the findings of a recent workshop in which representatives from the Finance Ministry, the EU, banks, corporates, international experts and consulting firms participated, generating a clear idea of what kind of debt restructuring would be needed for Greek corporates.
The key theme of the workshop was the increasing number of corporate loans that face debt servicing problems. The studies presented during the workshop showed that one third of Greek corporates are in a “perfectly healthy” condition and have growth oppo...
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