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  1. Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery

    Economy

    constitute a rating default. However, it would nonetheless be credit-negative and could lead to a further

    5%
  2. Deposit rates stable, avg loan rate below 5 pct for first time since 2002

    EconomyMacroeconomy

    . On the consumer credit front, the interest rate in consumer loans with fixed maturity fell by 19 bps

    5%
  3. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    , uncertainty is taking a heavy toll on investment, which is also suffering from constrained credit

    5%
  4. Uptick in time deposit rates, mixed trends in corporate loans

    EconomyMacroeconomy

    , while the February rate of 2.36 indicated the lowest reading since 2002. On the consumer credit front

    5%
  5. Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    constrained credit supply and a build-up of arrears. Brussels highlighted that its updated projections

    5%
  6. Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
    Photo by MacroPolis

    EconomyMacroeconomy

    showed it contains pillar II bonds of 13.7 billion, credit claims of 8.7 billion, pillar III bonds, T

    5%
  7. Kostas Karamanlis as comeback kid?
    Photo by Konstantinos Koukopoulos via Flickr https://flic.kr/p/6z5WRZ

    Agora

    is associated with the age of plenty rather than the crisis era. It was a time when credit was cheap

    5%
  8. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in 2015, amid uncertainty, limited credit supply from the financial sector and a build-up of arrears

    5%
  9. Greek SMEs face biggest obstacles to finance in euro area, ECB finds

    EconomyMacroeconomy

    difficulties they face in accessing bank credit. As a result, the external financing gap, which measures

    5%
  10. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    . The key preconditions for such a development involve permanently putting aside the risk of a credit event

    5%