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  1. 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

    4%

  2. Bond difficulties put a dent in coalition's exit plans
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    credit line. The lack of market access also strengthens the opposition’s criticism of the way... avoided backing the idea of a credit line, he has accused the government of not making the exit secure

    4%

  3. Are you not entertained?
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    , from property to industrial equipment were severely impacted by a complete lack of credit and ongoing... was pushed up by abundant and cheap credit since the introduction of the euro. Property prices, though

    4%

  4. Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Moody’s upgraded Greece’s credit rating by two notches on Friday, taking it to ‘B1’, from ‘B3’ previously, with a stable outlook, from positive. Contrary to expectations in September, Moody’s did... credit metrics are likely to remain with a rating in the B category in the coming years, unless

    4%

  5. Newsletter 200 -29/03/2019

    Newsletters

    points. Credit contraction at 0.6 pct in Feb Balance comes to 169.85 billion euros The contraction for the month is the mildest since February 2018 when the figure came to -0.9 percent. Credit

    4%

  6. BoG notes economic progress, urges safeguarding of fiscal credibility
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    percent. Greek credit institutions also managed to eliminate their dependency on emergency financing... requires continuity until all reforms have been completed. Credit institutions are required to resume

    4%

  7. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    guarantees, which had been solved by using the three-year Credit Default Swaps for Greece as a guide... agreement with CarVal Investors for the disposal of a portfolio of unsecured non-performing credit card

    4%

  8. Capital controls to be abolished ahead of schedule
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    in December 2017. Transactions from branches of credit institutions by legal entities or businesses.... Electronic transfers abroad via credit institutions or transfer companies were raised to 4,000 euros

    4%

  9. Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
    Photo by MacroPolis

    EconomyBanking

    euros of personal loans and credit cards, small business loans and leasing exposures is on track.... The main drivers were credit cards, payments, transaction banking and loan fees. Recurring group

    4%

  10. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    taken in the previous quarter, management noted. The main drivers were credit cards, payments... usual fees from credit cards recorded in Q1 2018 as well as weakness in asset management activity in Q1

    4%