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PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
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BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
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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 bank recapitalisation: The story so far and what lies ahead
The Greek bank recapitalistion process will be one of the most pressing issues that the new government due to emerge from the September 20 snap elections will have to tackle.
The key ongoing development so far relate to the asset quality review (AQR) and the stress tests – both conducted by the European Central Bank (ECB) for the first time – that will determine the capital needs of Greek banks.
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