-
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'
S&P highlights risks for Greek banking sector
Greek banks still face higher economic risks than most banking sectors globally, while the country’s economic prospects remain highly uncertain, S&P notes in its latest report on local lenders released on Wednesday evening.
Against this backdrop, the rating agency expects banks to book high credit losses in 2016 and 2017, despite the large loan provisions of the last five years. In addition, low interest rates, the high stock of non-performing loans (NPLs) and funding imba...
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