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For the development of the distribution infrastructure in Greece, DEPA Infrastructure (Italgas Group), responding to press reports regarding its investment plans, categorically denies the allegations of limiting its planned investments.
The situation of the Greek banks is mentioned in an article of the economic newspaper of Dusseldorf Handelsblatt. "As recently as mid-2015, the Greek financial system was on the verge of collapse.
Apart from the ballots for the parliamentary elections, a well-known deputy mayor of the municipality of Athens will be found, who is under investigation for felonies, based on the conclusion of the Money Laundering Authority, according to which he could not justify the amount of 800,000 euros.
Read more: A deputy mayor was found with 800,000 (unjustified) euros in his account
The increase in deposits supports the liquidity and funding of Greek banks, Moody's also points out in its new report, where it underlines that Greek banks returned to profitability in 2022 after many years of losses, presenting strong credit growth with the highest interest rates and lower loan impairments to boost the sector's profits, according to capital.gr.
Read more: Strong liquidity and funding defenses in Greek banks from deposit growth
European banks have strength as well as a strong capital base and liquidity, the supervisory arm of the European Central Bank, SSM, assured a while ago in a joint statement they issued with the Single Resolution Board, yesterday after the decisions taken on the bailout of Credit Suisse.
Read more: ECB and SSB assurances on the strength of European banks
