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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
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PMI rises to 50 points in September, signalling stabilisation
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
Greek business feeling the pinch from capital controls
The imposition of capital controls a month ago has taken a heavy toll on Greek companies, from the micro or small and medium-sized enterprises (SMEs) to the largest firms.
An initial study conducted by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) on the first ten days after the imposition of capital controls found total retail sales had dropped 10 percent. This reflected a nosedive of 70 percent in r...
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