Greece’s bumpy road to financial respectability
What a recent rights issue by its biggest lender tells you
THESE ARE anxious days for Kyriakos Mitsotakis, the Greek prime minister. The country is due to welcome tourists from around 35 countries from May 15th, but hotel bookings are looking thin and covid-19 lingers. Unless tourism recovers, the economy will shrink for a second year.
This article appeared in the Finance & economics section of the print edition under the headline “Clean-up operation”
Finance & economics May 8th 2021
- Will going digital transform the yuan’s status at home and abroad?
- Why foreign banks’ forays on Wall Street have gone wrong—again
- The broader lesson from booming copper prices
- Greece’s bumpy road to financial respectability
- Older women are getting richer. How will wealth managers adapt?
- Could sending criminals to prison be good for their kids?
- A new age of suburbanisation could be dawning
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