Moody's Investor Service Ranks Greek Banks "Negative"
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.
Tagged under
Related items
-
Mitsotakis-Modi decide to double bilateral trade and deepen strategic relationship between Greece and India
-
Climate Change: Greece's performance - Doing well, could do better
-
Mitsotakis welcomes Swedish NATO accession; meeting with Albania’s Rama, refers to pending contacts with Erdogan
-
Greeks are turning their backs on high yields and maintaining...Savings
-
The chef who cooked on Obama's cruise to the Greek islands