Moody's upgrades National Bank, Piraeus Bank deposit ratings
The BCA upgrade reflects the bank's improving solvency and the strongest funding and deposit franchise among local peers, the ratings agency said.
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Moody’s upgrades National Bank, Piraeus Bank deposit ratings -
S&P upgrades rating of five Greek banks
S&P upgrades rating of five Greek banks
S&P upgraded the long-term credit rating of National to BB+ from BB, keeping the short-term credit rating at B and the outlook positive. The upgrade reflects the bank’s improved financial and financial outlook, which has reduced its nonperforming exposure (NPE) ratio to 3.7%, with provision coverage reaching a high of 85%. S&P estimates that the NPE ratio will further decline to below 3% by end-2025, so the cost of risk is forecast to decline to close to 50 basis points by the end of 2026 from 95 bp at the end of 2023.
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New Democracy continues to command voters ahead of EU elections
New Democracy continues to command voters ahead of EU elections
New Democracy is polling around 33 percent, a figure that echoes its 2019 European election results. Syriza, according to the polls, trails behind at 16.2 percent, followed by the socialist PASOK party at 13.2 percent.
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S&P Raises Greece Outlook to ‘Positive’; Rating Unchanged
S&P Raises Greece Outlook to ‘Positive’; Rating Unchanged
The same international ratings agency in October 2023 raised the country’s creditworthiness to BBB- with a stable outlook
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Χρυσοί Σκούφοι 2024: Αυτά είναι τα 43 εστιατόρια που βραβεύτηκαν, τα 26 εκτός Αθήνας -O κορυφαίος σεφ
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