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  1. Newsletter 85 - 05/08/2016

    Newsletters

    . Following the relaxation of capital controls, S&P upgraded the four core Greek banks’ ratings from SD... of finding settlements for cooperative borrowers subject to their capabilities and peculiarities

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  2. Referendum and the ECB to determine the future of Greek banks
    Photo by MacroPolis

    Economy

    they would not lower Greece’s rating to ‘SD’ should the government miss this redemption, it is very high

    60%
  3. S&P lowers Greek long-term rating by one notch to CCC-

    Economy

    lent to Greece. The rating agency points out that it would not lower its rating on Greece to ‘SD

    56%
  4. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    bondholders accept the proposed share exchange. S&P downgraded Piraeus’s long-term rating from ‘SD

    53%
  5. 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

    53%
  6. Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity

    Economy

    . Corporate news S&P revised in rating on NBG to ‘SD’ from ‘D’ on completed capital increase. ECB lowered

    53%
  7. S&P raises core Greek banks’ ratings, with a stable outlook

    Economy

    Standard & Poor’s raised on Tuesday evening the four core Greek banks’ ratings to ‘CCC+/C’ from ‘SD,’ with a stable outlook, in the wake of capital controls being relaxed. The ratings agency notes that the most important easing measure concerns new cash deposits that can be withdrawn without any

    53%
  8. Three investment groups table binding offers for Thessaloniki Port
    Photo by Harry van Versendaal

    Economy

    on Friday three binding offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority (OLTH). Binding bids were submitted by the International Container Terminal Services (Philippines... (April 2016), binding bids were initially expected in the third quarter of 2016. Moreover, pending

    20%
  9. Survey reveals working lives, job-finding trends of young Greeks
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    surveyed said that they found no type of support helpful. When it comes to finding a job, the most

    16%
  10. EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns

    PoliticsGreek Politics

    An official visit to Athens by the President of the European Parliament Roberta Metsola gave Prime Minister Kyriakos Mitsotakis an occasion to hit back at the recent resolution passed by European lawmakers expressing concerns about the rule of law in Gr...

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