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Finance Ministry grapples with escalating cost of pandemic
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Pandemic drove 28.4 bln of bank loans into moratorium last year
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Fitch keeps Greece at 'BB' rating as risks remain on horizon
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PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
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BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
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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