Quantitative easing
Axia sees investment grade for Greece in 2020
Axia Research considers it very possible that Greece will secure the coveted investment grade as early as this year, likely toward the end of 2020, as the political risk has been minimized and positive catalysts are expected in the economy.
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Christine Lagarde Officially Heads the ECB
European Central Bank Governor Mario Draghi will chair the last meeting in Frankfurt before resigning.
Many analysts expect the subsequent press conference to be rather ceremonial and uncharacteristically emotional for the banker, who will remain in the bank's history with his bid to save the euro "whatever it takes".
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Market eyes upgrades of credit rating
Expectations are growing that credit rating upgrades will be speeded up in the next few weeks, following the European Commission's approval of the Hercules plan to reduce bad loans, the government's pro-business reforms and the improvement of the Greek debt's profile following the strong bond rally.
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Draghi: Policies needed to help countries hurt by economic crisis
Real economic convergence is important for the cohesion of a monetary union, the outgoing President of the European Central Bank (ECB) Mario Draghi said on Tuesday evening, speaking in Athens.
ECB's Draghi to visit Athens next Tuesday, meet PM
Mario Draghi, the outgoing president of the European Central Bank (ECB), will visit Athens next week (Oct. 1) to attend and speak at an event held in his honor at the Academy of Athens.
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Draghi confident of ECB buying Greek bonds if progress made
Greece can be included in the European Central Bank's asset purchase program, known as quantitative easing, if it continues to make progress in implementing reforms, ECB President Mario Draghi said on Monday.
SocGen notes value of Greek bonds
Greece's benchmark 10-year bond yield dropped to an all-time low of 1.51 percent on Thursday, but Societe Generale is calling on investors to hold their positions in Greek bonds, as the country's securities will add significant value to their portfolios.
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Greek PM to announce full lifting of capital controls
Greek Prime Minister Kyriakos Mitsotakis is on Monday to announce the full lifting of capital controls, which had been expected next month, during a speech in Parliament.
Earlier in the day, officials of the Finance Ministry had convened with members of the country's banks and the capital markets commission.
Full lifting of capital controls could come sooner than expected
The full lifting of capital controls, expected next month, could come within days or even hours, amid growing confidence about the country's increasing stability, Kathimerini understands.
Bank of Greece Governor Yannis Stournaras had recommended that the final restrictions be lifted after observing a continuing increase in bank deposits.
Favorable circumstances
The number of optimistic forecasts by international rating agencies regarding the prospects of Greece's borrowing capabilities is growing.
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