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  1. Bonds enjoy great buoyancy but remain some distance from investment grade
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    -“ rating and stable outlook, followed by S&P at “B+” and positive outlook, while Moody’s puts Greece... the rating agencies that in the near-term Greek debt is not an issue as the profile of maturities, cost... issues out of the way, the country’s prospects and future rating activity are dependent on structural

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  2. Newsletter 81 - 08/07/2016

    Newsletters

    included in the bailout programme. Thus, the rating agency concluded that confidence is the key...) with ECB funding. The rating agency also reiterated that expects Greek GDP to contract 0.9 percent... noted that the lifting of capital controls would be a gradual process, adding that the restrictions

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  3. Between Scylla and Charybdis
    Photo by MacroPolis

    Agora

    and is not even willing to engage in discussions with the Greek government on its request for a new, third... since last Friday. The imposition of capital controls, the closure of banks and the generally... for a new package with Tsipras’s government, the capital controls will remain in place – they will actually

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  4. Newsletter 64 - 26/02/2016

    Newsletters

    years. Moody’s is scheduled to publish on Friday its Greek sovereign credit rating update. Last Friday, Moody’s upgraded Greek banks’ rating by one notch to Ca with a stable outlook on the back... the so-called Balkan trail, as other countries also tightened up their border controls due to fears

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  5. From the troika to the quartet
    Photo by Harry van Versendaal

    Agora

    , it is asking the European official creditors to engage in a substantial debt reduction operation towards... is at stake, with capital controls in place and a working relationship with its eurozone peers defined... for the next three years. The ongoing capital controls, which have been gradually fine-tuned for households

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  6. Greek shares up for the third straight week on strong performance from banks

    Economy

    it remained subdued overall. Corporate news S&P downgraded Piraeus long-term rating from ‘SD’ to ‘D... exchange”, according to the rating agency’s criteria. Mytilineos share trades ex-capital return of 0.10... percent after the imposition of capital controls in late June. Bank shares markedly outperformed

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  7. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    effect. In its latest report released on January 22, when S&P upgraded Greece’s rating by one notch to ‘B-‘, the rating agency appeared more optimistic expecting a stabilization of the domestic economy.... the imposition of capital controls, which was one of the key reasons for the deeper recessionary

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  8. Greek banks on cusp of improved liquidity conditions

    Agora

    suspension of the application of the minimum credit rating threshold in the collateral eligibility... by rating agencies. Return of deposits? Another positive indirect development - mostly over the medium... returning back to the banking system. Also, the lifting of capital controls is a key prerequisite

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  9. Greek stocks fall 1.5 pct, banks underperform for third straight week
    Photo via www.helex.com

    Economy

    raised Greek banks’ rating. with a stable outlook. in the wake of capital controls relaxation. However, the rating agency expect only minor deposit inflows in the coming months, while believes Greek banks

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  10. PPC: The struggling electricity giant dominating bailout talks
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    PPC’s ‘CCC-‘ rating on CreditWatch with negative implications on increased short-term refinancing risk. The rating agency stressed that there is a material risk PPC might not be able to meet its debt... PPC noted that “such a possibility does not exist”. The state directly controls 34.12 percent of PPC

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