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Newsletter 286 - 26/02/2021
deposits fell by 839 million euros. Credit growth in January rises to 3.7 pct Net lending flow turned negative in the month by 557 million euros Credit movement in the Greek private sector rose 3.7 percent... rate of credit growth is now the highest it has been since February 2010 when it came to 3.8 percent
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Newsletter 299 - 04/06/2021
that additional debt relief measures would be required. 2 Credit growth in April slows to 2.4 pct Month saw outflows of 787 million Credit movement in the Greek private sector rose an annual 2.4 percent... the balance to 68.8 billion euros. Within corporate lending, the balance of credit to non-financial
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Newsletter 302 - 18/06/2021
took the aggregate balance for the year so far to an increase of 4.68 billion euros. Credit growth... flow was positive with a 68 million-euro increase in lending. Credit movement in the Greek private... of credit to non-financial corporations was positive by 49 million euros. The balance stood at 62.1 billion
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S&P holds off on new rating upgrade, ECB holds key to investment grade
Economythat a further credit rating upgrade could be on the cards, the rating agency did not publish a review... assists credit expansion and assisted by the RRF medium-term growth potential is enhanced. Shocks... will generate downward pressure on the credit rating. The same effect on the rating will come from prolonged
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The case for a general government balance sheet
Agoracredit line from the ESM to assure capital markets. This would have saved net interest on the debt and keep the gross debt lower than it is now. Perhaps it was felt that contingent credit... up spending opportunities that would have been more difficult under a contingent credit line. We do
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Fitch leaves rating and outlook unchanged, underlines fiscal performance key to higher grade
EconomyFitch affirmed on Friday Greece’s ‘BB’ credit rating and kept the outlook positive, remaining one... drivers in securing a higher credit rating. Improvements in the asset quality of banks that will lead to credit flow to the private sector will also constitute reason to upgrade. Maximising EU resources
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Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
EconomyMoody’s and DBRS issued on Friday night their scheduled credit reviews for Greece, both leaving... the last two years in the credit fundamentals, however, the macroeconomic environment in Europe... sentiment will be credit negative. Macro outcomes that will weigh on the economy and the public
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Moody's leaves Greece's rating unchanged, one notch from investment grade
Economyon the credit rating could emerge from continued economic policies and commitment to fiscal..., and asset quality and capital ratios closer to the euro area average, would also be credit positive... have negative effects on the credit rating. Indications that a sustained deterioration
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BoG sees sustained growth and progress, but challenges require policy drive
EconomyMacroeconomycredit upgrades that attracted investors. Greek banks also saw credit rating upgrades, lowering... corporations and households fell in line with ECB policy rate cuts. Credit growth was robust, with loans.... These achievements have resulted in Greece’s credit upgrades to investment grade. However, pre
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Newsletter 453 - 28/02/2025
peers over the last two years thanks to the resources of the RRF, which has supported credit... euros and 149.35 billion euros of households. Loans Credit expansion grew strongly in January... billion euros. Credit to sole proprietors was negative by 102 million euros to 3.97 billion. Housing loans
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