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Another spin of the wheel for Greece
Agoraand credit cards and a sharp rise (18 percent in Q1 and 15.9 percent in Q2) in VAT collectability... struggling to find a path to economic recovery. Liquidity remains out of reach as the credit contraction
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After holiday hiatus, Athens tries to get review moving again
EconomyProgrammeincome tax. This threshold corresponds to a tax credit of 1,900 euros for incomes below 20,000 euros. A report by the World Bank on the social welfare review last October noted that if the tax credit
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgramme) private sector leverage, credit flows and real estate developments (weight 15 percent). For each... to 2 (from 1.5). In addition, it remained broadly flat in private leverage, credit and real estate
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Newsletter 116 - 28/04/2017
percent and estimated additional investments until the expiration of the concession in 2051. Credit... survey showed. Banks anticipate credit standards for both corporate and household loans to remain
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Newsletter 121 - 02/06/2017
Parliament. The economic closure is estimated by the end of the year. The pace of credit contraction... with net deductions of 20 million in the 4-month period. Since the beginning of 2011, credit
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomycontrols. The bank notes that the contraction of credit to nonfinancial entities appears to be bottoming out, while the annual rate of of decline in credit to households is almost zero. Capital adequacy
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S&P revises Greece outlook to positive, affirms 'B-' rating
EconomyS&P upward revised Greece’s outlook to positive from stable and affirmed its ‘B-‘ rating in its scheduled credit rating review published on Friday evening. The positive outlook indicates... months. It is noted that a month ago Moody’s upgraded Greece’s credit rating by one notch to ‘Caa2
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Rating agencies concur in improved prospects for Greece
Economyboth credit rating by one notch to ‘B-‘, and the outlook to positive from stable. The latest activity... in territory that deems the country’s debt speculative and subject to high credit risk. The positive
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About to soar? Greece's economy still needs to be handled with care
Agoramonths. In August, all three ratings agencies completed their credit reviews and have now placed.... The banking system is still constrained by capital controls, credit is in negative territory since
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NBG steps back into markets with 750 mln covered bond issue
EconomyBankingBank for Reconstruction and Development (EBRD). Credit Suisse will manage this issue. Greek banks... the first Greek systemic bank to sell a package of NPLs as Greek credit institutions attempt to tackle NPEs
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