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  1. Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Fitch upgraded on Friday Greece’s long-term credit rating by one notch to ‘B’ from ‘B-‘, maintaining a positive outlook. The upgrade was driven by a variety of factors that create a more stable...” exit from the programme that will not entail a precautionary credit line but significant conditionality

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  2. Eurogroup confirms third review almost done but e-auctions still a concern
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    unpalatable option of agreeing to a precautionary credit line that would lead to additional... in an interview published on Sunday. “You can’t have a buffer as well as a precautionary credit line

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  3. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    In an unexpected move on Wednesday night, Moody’s was the latest ratings agency to upgrade Greece’s credit worthiness by two notches, to ‘B3’ from the ‘Caa2.’ maintaining the positive outlook. Moody... of Greece’s credit worthiness. The rating agency notes that Greece's performance under its current

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  4. Newsletter 152 -23/02/2018

    Newsletters

    credit line that would lead to additional and explicit conditionality. Amid the government’s efforts... upgraded Greece’s credit rating by two notches from Caa2 to B3. Parties agree on inquiry amid

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  5. Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the global credit crunch hit, which eventually led to the perilous state of the country’s finances... anticipated exit from the final programme in August 2018, along with recent upgrades to the country’s credit

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  6. Rating agencies up Greece's scores, adding to positive outlook
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The latest round of rating activity for Greece by the three leading agencies left Greece with improved credit scores by all raters and sustained the positive outlook for the country’s prospects. S&P... of the “clean exit” without a formal precautionary credit line but strong conditionality for the debt

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  7. Next key programme developments due in April as Athens shapes growth strategy
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    a precautionary credit line and repeated the ESM’s position that it does not appear to be necessary... and that there's no backtracking,” he said, noting that the precautionary credit line was discussed when Portugal

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  8. Newsletter 163 -25/05/2018

    Newsletters

    ever recommended that Greece should seek a precautionary credit line. “I have never asked for a credit line. Never,” said the opposition leader. “What we said is that Greece has to secure the ability

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  9. Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    depositor and per credit institution. The amounts that can be transferred in cash per trip abroad also... abroad via credit institutions or transfer companies are also being relaxed. The amount is being raised

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  10. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    driven by the negative impact of credit risk resulting from the stressed macro environment... credit for healthy growth.”

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