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1 – 10 of 39Stronger balance sheets will reduce systemic risk in the sector. Efficient financial intermediation by Greek banks is a vital requirement for achieving economic growth targets in…
Efforts to cleanse banks’ loan portfolios.
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DOI: 10.1108/OXAN-DB219945
ISSN: 2633-304X
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Banks' bad debts.
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DOI: 10.1108/OXAN-DB210446
ISSN: 2633-304X
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The move raises Hellenic Bank’s market share and considerably improves its asset quality, and followed an announcement by market leader Bank of Cyprus on August 28 that it had…
This allowed the Eurogroup of euro-area finance ministers to authorise the release of 12 billion euros (12.8 billion dollars) from the latest bailout package of 86 billion -- 2…
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DOI: 10.1108/OXAN-DB206874
ISSN: 2633-304X
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The negotiations with Greece's creditors revealed fundamental disagreements in lenders' views on the sustainability of Greece's debt and failed to address the drivers of future…
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DOI: 10.1108/OXAN-DB211462
ISSN: 2633-304X
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Passage from speculative to investment grade (IG) would mark the end of the sovereign debt crisis besetting the country since 2009. The upgrade would lower government borrowing…
The tranche will meet debt repayments falling due until end-2016. The prospect has been held out of debt restructuring if programme commitments are fulfilled. The IMF, which has…
This is the first investment-grade (IG) rating given to Athens by one of the ‘big three’ rating agencies since 2010. The upgrade reflects Greece’s strong post-pandemic economic…
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DOI: 10.1108/OXAN-DB283186
ISSN: 2633-304X
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Lockdowns to contain the spread of COVID-19 have slowed economic activity. Throughout Central, Eastern and South-eastern Europe (CESEE), there were major portfolio outflows in…