Annual debt strategy almost wrapped up with 5-year bond, at 3.92 pct yield
Consumer scorecard finds Greeks struggling most in EU with cost of living crisis
Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
DBRS leaves Greece a notch from investment grade, outlook stable
Survey highlights households struggling with cost of living, delivers worst outlook since 2019
What is the state of play with Greek banks?
Having suffered huge losses due to the PSI last year, completed a series of M&A that reshuffled the domestic banking landscape and successfully recapitalised in June, Greek banks remain at the forefront of domestic corporate developments. Their stock performance, with gains in excess of 50 percent over the past three months, has also triggered increased interest from the investment community. Although not out of the woods yet, they appear ready to tackle with upcoming challenges from a better capital position amid a more optimistic macro outlook for the first time since the beginning of the crisis.
Last year started with the implementation of PSI, which resulted in a 24.1-billion-euro net loss for the four core banks (namely Alpha Bank, Eurobank, National Bank and Piraeus Bank), while the total loss for the sector stood at 31.9 billion. At the end...
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