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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
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PMI rises to 50 points in September, signalling stabilisation
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
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OECD releases new outlook calling for sustained reforms post Covid-19
Central bank points out signs of recovery in business lending
The signs of recovery in the provision of credit to businesses in the Greek economy were presented in Bank of Greece’s (BoG) annual report on Monday.
The stock of loans in the Greek banking system that was extended to businesses and households was reduced further in 2018 as deleveraging continues. The balance dropped by 1.4 percent compared to a reduction of 1.2 percent in 2017. The rate of reduction...
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