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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
EconomyFitch upgraded Greece’s credit rating on Friday by one notch to ‘BB’ and revised upwards its outlook to positive, bringing the country just two notches away from investment grade. The upgrade now puts Fitch ahead of the other leading agencies, with S&P one notch behind at ‘BB-‘ and Moody’s at ‘B1
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Overall loan interest remains at 4.34 pct in December
EconomyMacroeconomya defined maturity, which includes credit cards, open account loans and overdrafts rose by 9 bps
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Overall loan interest edged up to 4.36 pct in January
EconomyMacroeconomyon consumer loans without a defined maturity, which includes credit cards, open account loans and overdrafts
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Newsletter 242 -06/03/2020
will not be blackmailed”. The Greek government is keen to take credit for what is sees as a reversal
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Eurobank net profits at 256.7 mln in 2019
EconomyBanking. The bank has secured the minimum ‘BB-‘ credit rating, which is a prerequisite of participating
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Overall loan interest drop to 4.30 pct in February
EconomyMacroeconomyinterest rate on consumer loans without a defined maturity, which includes credit cards, open account loans
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Greece clinches attractive yield for 7-year bond amid testing conditions, diminished interest
Economyofficials are not certain if the conditions that will come with the agreed credit lines
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economynoted that according to EU credit rating agency regulations, the agencies are only allowed to deviate
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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
EconomyIn its regular rating cycle, S&P re-affirmed Greece’s credit score to ‘BB-‘, while it revised the outlook from positive to stable. S&P had upgraded Greece by one notch last October, with a positive outlook. Outside of its regular rating cycle on Thursday night Fitch has also revised the outlook
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Overall loan interest drops to series low of 4.06 pct in March
EconomyMacroeconomy, which includes credit cards, open account loans and overdrafts rose by 2 bps to 14.67 percent
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