The Greek banking system has received a "negative" status from Moody's Investor Service, due to its sharp downturn concerning liquidity and funding.
In a credit ranking analysis published today, the international bond credit agency of Moody's Corporation stated, "These pressures are unlikely to ease over the next 12-18 months and there is a high likelihood of an imposition of capital controls and a deposit freeze."
Moody's Investor Service also confirmed that over 30 billion euros worth of deposit outflows have been measured since last December.
- The Hellenic Initiative launches “Plant A Tree In Greece” to support Greek Homeland
- Eurovision 2022: What bookies show for Greece in the final (vid)
- US State Sec. joins FMs of Greece, Israeli, Cyprus in reaffirming commitment to promoting peace, security and prosperity in east Med
- Russian oligarch Malofeev: New sanctions from the USA with reference to activities in Greece
- Cryred Investments 100% control of luncheon meats maker Nikas via 'squeeze out'