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Significant post-election economic challenges await Greek coalition
Economyyears. The official sector, the Bank of Greece and rating agencies expect a GDP rebound of up to 0.6... of Q1 GDP data, it has been calculated that for the official target of 0.6 percent growth... rate is in excess of 34 percent. The official sector projects Greek unemployment will ease
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Greece's troika talks begin with apparent deal on 2015 surplus
EconomyProgrammefor 2015. Citing a senior Finance Ministry (MoF) official, local media is reporting that both parties... fiscal targets to accommodate tax reliefs. The MoF official also noted that the 2015 draft budget... in late November and voted in December. For 2014, the MoF official reiterated that Greece will reach
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Moody's sees 1.2 pct growth in Greece next year but highlights political risk
Economyof the year against a backdrop of delayed official sector disbursements. Commenting... to rebound 0.6 percent this year and further by 1.2 percent in 2015, less than the official sector... sector bond holders and official sector repayment assistance. In contrast, the country’s credit
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Fitch keeps Greek rating at 'B' but downgrades outlook to negative
Economyas official financing as well as potential reopening of market access could be delayed for some months... and timely agreement with official creditor that could stabilize the Fitch’s rating outlook. 2) An acceleration of economic recovery, further primary surpluses and official sector debt relief would put
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S&P acts in wake of ECB decision and downgrades Greek rating to B-
Economythat limited cash buffers and approaching debt redemptions to official preferred creditors constrain... lenders will conclude, with sufficient official funding flows to meet financial obligations. However, S&P could lower its rating on Greece if it perceives that official funding has been curtailed
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Moody's downgrades Greek bond rating, sees chances of accident rising
Economyofficial creditors. Moody’s notes that the current Greek rating is historically associated... an agreement with its official lenders in time to meet upcoming debt repayments. 2) The significant... restructuring on official sector debt would be a strong sign of lack of progress in negotiations
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Newsletter 27 - 22/05/2015
to be clinched in the next couple of weeks at the latest. According to the latest official data... to 125 billion. The official data for April shows that the BoG has accepted ELA-eligible collateral... with official creditors be reached in the coming days given the extremely fragile state of deposit
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Newsletter 42 - 11/09/2015
with the official estimates of the institutions overseeing Greece’s adjustment programme. In addition... that would arise under the adverse scenario could be covered by official financial aid of up to 25... official sector financial aid that might be required after the current ECB assessment, currently
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S&P affirms Greek ratings at 'CCC+/C' with stable outlook
Economythat in the absence of additional official debt relief or stronger nominal GDP growth, Greece’s debt may... relationship with the country’s official lenders. A rating upgrade to the single ‘B’ category requires... eligible. This would also help the government build goodwill with lenders for additional official
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Greek bank recapitalisation: The story so far and what lies ahead
Economywith the official estimates of the institutions overseeing Greece’s adjustment programme. In addition... under the adverse scenario could be covered by official financial aid of up to 25 billion euros... the 40 billion pumped into the Greek banking system would reach 30 billion, on top of any official
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