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Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
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S&P holds off on new rating upgrade, ECB holds key to investment grade
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Some key tasks pending as Greece edges closer to completing post-programme process
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PBO highlights exceptional factors supporting recovery, cautions against complacency
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Govt grabs opportunity offered by escape clause to entice voters with support package
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Recovery in car sales slows to 2.7 pct in August
The government decisions that could shape the future of Greek banks
A number of the new government’s announcements over the last few days have brought the prospects of Greece’s four systemic banks, which are among the largest listed companies in the Athens Stock Exchange and whose trading activity accounts for more than half of the daily turnover, back into focus.
Prime Minister Alexis Tsipras said on Sunday that the government will change existing legislation so the Hellenic Financial Stability Fund (HFSF) can exercise its rights in banks without restrictions.
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