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Travel balance moderates in June as spending per trip drops by 6.2% YoY
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Q1 disposable income up 3.2% YoY, saving rate negative for six straight quarters
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CPI decelerates to 4.4% YoY in June, housing costs up 10.6%
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Scope leaves 'BBB' rating unchanged, outlook remains positive
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Moody's keeps rating unchanged at 'Baa3' and outlook stable
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DBRS leaves rating unchanged at 'BBB', cautions about risks and challenges
Demand for hospitals' reserves raises concerns about govt's liquidity position
Fresh concern about the government’s liquidity position have been raised after the Health Ministry sent a letter to hospitals on April 21 demanding that they transfer their cash reserves to a special account at the Bank of Greece (BoG).
The ministry request urges hospitals to implement a legislative act of 2015, which required general government bodies to transfer the cash they hold at commercial banks to a segregated account at the BoG. The letter asks for the relevant amounts to be t...
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