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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economyits capital stock and create jobs, according to the rating agency. Despite the raise in ELA limit... of deposits without more credible and explicit guarantees to depositors. S&P does expect that capital controls will be lifted until the assessment of Greek banks’ capital requirements late this year
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Stock market at lowest since Sept 2012 after shares fell by 16.23 pct on reopening
Economy, when shares plummeted 23 percent. This was the first trading session after the imposition of capital... capital needs and the uncertainty surrounding their recapitalization, which would probably result... of capital controls with current estimates pointing to a recession of 2 – 4 percent, according
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Greek Q2 growth of 0.8 pct confounds recession forecasts
EconomyMacroeconomyin the eurozone. However, the prevailing uncertainty and the imposition of capital controls resulted... relaxation of administrative measures on the banking sector (capital controls). Economy Minister Giorgos...) this year, yet some of them have not been updated after the imposition of capital controls in late June
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Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
EconomyIndex landed at 568.38 points, its lowest reading since June 18, 2012. Since the imposition of capital... the weakest link diving 22.7 percent today, extending the huge cumulative losses in the post-capital control period to more than 75 percent. Investors remain extremely concerned about their capital needs
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Greek stocks almost unchanged at end of roller coaster week
Economypoints on Friday with cumulative losses of 20.5 percent in the post-capital controls period. Bank shares... have lost two-thirds of their value amid heightened concerns regarding their capital needs... due to the capital controls. Corporate news This week was dominated by the announced of non-financial
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Greek stocks edge up, with banks rising for third straight week
Economy, the restrictions on domestic investors imposed due to capital controls remain intact. The average daily... a dividend yield of 2.2 percent, on Friday. The BoD of Folli-Follie Group set the ex-date for the capital return of 0.30 euros per share on September 22. The capital return implies a yield of 1.5 percent
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S&P affirms Greek ratings at 'CCC+/C' with stable outlook
Economypercent in 2017 and 2018. The key negative risk factor relates to the imposition of capital controls... ESM programme. S&P anticipates capital controls will not be lifted until the completion of the banking system’s capital requirements seen late this year or in early 2016. Overall, the rating agency
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Greek stock market unmoved by election result, edges down 3.2 pct over week
Economypoints on the last session, extending its losses in the post-capital controls period to 15.3... indicating their capital needs would be higher than initially anticipated. Since the beginning of August... very adverse economic environment. Folli-Follie share traded ex-capital return of 0.30 euros per share
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Greek stocks down 5.1 pct over week as investors remain cautious
Economytime, investors appear extremely concerned about banks’ capital needs and recapitalisation process... in the previous week, indicating the weakest activity in the post capital controls period. All trading... Organisation (OTE) rating at Caa2 with a stable outlook. The Hellenic Capital Market Commission (HCMC
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingbond swap offer, with the bank aiming to strengthen its capital base by up to 585 million in case all... in the aftermath of capital controls. On a positive note, the bank said the interbank repo activity... they will be announced shortly after the release of their capital needs by the Single Supervisory
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