Stable outlook for Moroccan banks

The credit outlook for rated Moroccan banks is stable, reflecting banks’ improving financial performance, opportunities for growth in light of currently low banking penetration and the positive participation of foreign, international banking

Moody’s reports stable outlook for Greek banks

The outlook for Moody’s rated Greek banks is stable, reflecting their strong financial performance and their good business growth prospects in both their domestic market and the South-East European (SEE) region, Moody’s

Enlargement of the Schengen area

As of 21st December 2007, Estonia, the Czech Republic, Lithuania, Hungary, Latvia, Malta, Poland, Slovakia and Slovenia will become part of the Schengen area. Controls at internal land and sea borders between