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Fitch affirms Greece’s rating at ‘CCC’
Economyin 2018. On the banking sector, Fitch estimates the recent partial relaxation of capital controls
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H1 exports show notable fall in many sectors but agricultural products buck trend
Economy. These include lack of liquidity, capital controls, state arrears to the private sector, delays
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Trade deficit expands by record 88.9 pct in July
EconomyMacroeconomyimports plummeted 32 percent in the wake of capital controls. In addition, exports contracted
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Newsletter 87 - 09/09/2016
effect in July 2015, when imports plunged by 32 percent following the imposition of capital controls
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Current account surplus falls to 1.4 bln in July
EconomyMacroeconomysurplus is mostly due to lower net transport receipts mainly attributed to capital controls. In addition
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After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammeand strengthen incentives for sustainable restructuring measures and NPL sales. Moreover, capital controls
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Government caught between milestones and corruption claims
PoliticsGreek Politicssuffered an outflow of deposits and capital controls were implemented. The coalition is trying to fight off
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Multi-bill approved, coalition looks for positive news to fend off opposition attacks
PoliticsGreek Politicscontrols). The elder Kalogritsas is also facing tax evasion and money laundering claims. Kalogritsas’s
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Greek government risks mauling after straying off
Agoraexposure at a time when deposits were plummeting and capital controls were being imposed will only
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Retail sales rebound by 7.1 pct in July for first time in thirteen months
EconomyMacroeconomyof capital controls. Retail volume posted a higher growth rate of 9.7 percent in July, after
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