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.
- Published in Economy
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.
Tax offices have a right to seize bank deposits of revenue debtors within a few days after sending a simple electronic notice. The electronic seizure forwarding mechanism is under way and will be ready in the next two weeks.