Displaying items by tag: banks

The Greek stock market is now on its third week without any trading activity, and has been predicted to remain as is, until the Greek banking system is back on track.

The Greek banking system has received a "negative" status from Moody's Investor Service, due to its sharp downturn concerning liquidity and funding.

Basic indicators and qualitative data show that Greece is still in the mire of economic stagnation, if not decline, refuting the government's success story.