-
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
-
Greece draws strong interest, attractive yield by re-opening 10-year bond
-
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
-
OECD releases new outlook calling for sustained reforms post Covid-19
-
BoG highlights how Covid-19 compounds legacy issues and structural challenges
-
Greece issues new 10 yr bond as investor appetite returns
Fitch puts Greek banks' capital needs between 11.2 and 15.9 bln
A report by Fitch ratings agency estimates the 25 billion earmarked in the Euro Summit statement of July 12 for Greek bank recapitalisation should be sufficient unless deferred tax assets (DTA) cease to be counted as core capital.
Under those assumptions, Fitch calculates Greek banks would face a capital shortfall of 11.2 billion euros.
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€480.00