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Newsletter 85 - 05/08/2016
. 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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Referendum and the ECB to determine the future of Greek banks
Economythey would not lower Greece’s rating to ‘SD’ should the government miss this redemption, it is very high
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S&P lowers Greek long-term rating by one notch to CCC-
Economylent to Greece. The rating agency points out that it would not lower its rating on Greece to ‘SD
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingbondholders accept the proposed share exchange. S&P downgraded Piraeus’s long-term rating from ‘SD
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Greek shares up for the third straight week on strong performance from banks
Economyit remained subdued overall. Corporate news S&P downgraded Piraeus long-term rating from ‘SD’ to ‘D
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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
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S&P raises core Greek banks’ ratings, with a stable outlook
EconomyStandard & 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 The ratings agency notes that the most important easing measure concerns new cash deposits that can be withdrawn without any
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Three investment groups table binding offers for Thessaloniki Port
Economyon 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
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Survey reveals working lives, job-finding trends of young Greeks
Societysurveyed said that they found no type of support helpful. When it comes to finding a job, the most
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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek PoliticsAn 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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