Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economic sentiment stable in June, but consumer confidence drops
BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Final structure of bank recap taking shape, cautious optimism for outcome
Despite indications that the government would reveal its decisions on the bank recapitalisation framework by October 21, discussions within the cabinet and with the mission chiefs continued throughout last week.
Since the European Central Bank’s Single Supervisory Mechanism (SSM) is expected to announce the Greek banks’ capital needs on October 30–31, the draft bill on bank recapitalisation is expected to be tabled shortly and voted on before the SSM disclosure.
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