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Spotlight from Greece

Fitch Upgrades Greek Bank IDRs after Deposit Withdrawal Restrictions are Lifted
09 Oct 2018
Fitch Ratings upgraded Alpha Bank AE's and National Bank of Greece S.A.'s Long-Term Issuer Default Ratings (IDR) to 'CCC+' from 'RD' and Eurobank Ergasias S.A.'s and Piraeus Bank S.A.'s Long-Term IDR to 'CCC' from 'RD', it said on Monday.
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Greek Banks Have the Knowledge and the Means to Deal with Challenges
08 Oct 2018
Greek banks will need to face further challenges in the future, but they have the knowledge and the means to deal with them, Deputy Minister to the Prime Minister, Dimitris Liakos, who participated in the recent government meetings on the issue, said in an interview with the Athens-Macedonian News Agency (ANA).
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Full Abolition of Capital Controls on Cash Withdrawal Credit-Positive for Greek Banks, Moody's Says
05 Oct 2018
The full abolition of limitations in cash withdrawal is credit-positive for Greek banks, Moody's said in a report released on Thursday.
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Speculative Moves behind Pressure on Stock Market, Says Greek Govt
04 Oct 2018
Prime Minister Alexis Tsipras had a meeting on Wednesday afternoon with top government officials in relation to the latest developments on the Athens stock market.
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Finance Minister Tsakalotos Optimistic that Pensions will not Need to be Cut
03 Oct 2018
Finance Minister Euclid Tsakalotos said he was "almost very optimistic" that pensions, slated to be cut as of January 1, will not be reduced, at an interview he gave to national broadcaster ERT on Tuesday night.
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Tsipras, Zaev Among Favourites For Nobel Peace Prize Nomination
02 Oct 2018
Greek Prime Minister Alexis Tsipras and FYROM Prime Minister Zoran Zaev are among the favourites to become nominees for this year's Nobel Peace Prize, said Wiktor Nummellin, the Swedish TT news agency's special correspondent for Nobel Prizes, on Monday in an interview with the Athens-Macedonian News Agency (ANA).
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FM Announcement on the Result of the Referendum in FYROM
01 Oct 2018
Greece is following closely, albeit from the appropriate distance, the developments in the friendly country of the former Yugoslav Republic of Macedonia and remains committed to the Prespa Agreement.
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Officials Sign Agreement for Oil Exploration in Kyparissia, Crete
28 Sep 2018
Officials signed on Thursday signed an initial agreement awarding the exploration and development for hydrocarbons in sea blocks off Crete and Kyparissia to private companies.
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Tsipras Tells Investors of Economic Recovery, Growing Stability
27 Sep 2018
Now is the time for investments that will support the dynamic recovery of the Greek economy, is the message that Greek Prime Minister Alexis Tsipras put across during his contacts with top bankers in New York on Wednesday.
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Greek real estate market shows signs of recovery, RE/MAX survey
26 Sep 2018
The Greek real estate market has begun showing signs of recovery, leaving the worst of the crisis behind, as citizens are increasingly showing more confidence in the real estate market - once the steam engine of the economy - RE/MAX Greece said in a nationwide rental survey released on Tuesday.
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