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'
BoG sees recovery strengthening, proposes post-MoU safety net
In the Interim Report on Monetary Policy for 2017 published on Thursday, Bank of Greece (BoG) governor Yannis Stournaras outlined the Greek economy’s positive momentum and the challenges that lie ahead, underlining that the focus of the political system and future policy implementation will decide whether Greece will leave the crisis for good.
Stournaras found himself at odds with the Greek government over his view that a safer approach to the post programme period is needed in the form of a precautionary line that will have several benefits for the banking system and the sovereign. This, tho...
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