Search
-
Greek stocks tumble, bond yields rise in wake of Tsipras speech
Economy. Today’s market reaction also reflected the downgrade of Greece’s rating by one notch on Friday evening as well as Moody’s action to place Greece’s rating on review for downgrade. The General Index fell
9% -
Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgramme, Fitch affirmed Greece’s rating at ‘CCC’ highlighting that the risks to the programme remain high and completion of the first review is unlikely before January. The rating agency expects GDP to contract
9% -
Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgrammerelief, which is credit-positive for the private-sector debt. The rating agency noted that any... surplus of around 2.5 percent of GDP for 2017 and 2018. Moreover, the rating agency expects GDP
9% -
Newsletter 117 - 05/05/2017
for private-sector debt, Moody’s latest credit outlook report said. The rating agency noted that any... for 2017 and 2018. Moreover, the rating agency lowered its GDP growth estimate to 1.5 percent (from 1.8
9% -
Athens wrestles with timing of market return, aiming for maximum impact
PoliticsGreek PoliticsEurogroup agreement, the falling yields and the credit rating upgrade on June 23 from Moody’s, which... credit rating for Greece on July 21. Another upgrade could be seen by some government officials
9% -
How Cyprus re-entered the market
Agorato the international bond markets in late 2010, when Standard & Poor’s (S&P) rating agency downgraded the sovereign... countries had also just received upgrades from a major rating agency. Moody’s Investor Service upgraded
9% -
In absence of bond issue, coalition ponders next moves
PoliticsGreek Politicsan expected upgrade of Greece’s credit rating on Friday. Towards the end of June, Moody’s upgraded Greece’s credit rating by one notch to ‘Caa2’ from ‘Caa3’ and changed its outlook from stable to positive
9% -
Omnibus bill to be tabled shortly as Athens edges to third review conclusion
EconomyProgrammeproblems, and the Eurogroup, Standard and Poor’s is due to publish its latest rating for Greek debt. It is expected that the rating agency will upgrade Greece’s grade to B or B+ on January 19, according
9% -
BoG looks at other programme exits and options available to Athens
EconomyProgrammeprogramme as it also had to deal with a high volume of non-performing loans (NPLs) and its credit rating... Greece’s credit rating to investment grade. The Greek central bank suggests that the European Stability
9% -
Banks try to build on growing confidence
EconomyBankingWith the programme exit now just around the corner and as credit rating agencies and investors start to view Greece’s banks through a more positive lens, the country’s lenders are taking steps... to investment grade status. Sources said that at least two banks were in advanced talks with credit rating
9%