Morningstar DBRS, Autonomous: Middle East affects Greek economy and banks due to oil and tourism
Structural dependence on tourism and shipping as well as macroeconomic vulnerabilities related to energy and external deficits is a key risk for banks - The widening of bond spreads is also a problem
UBS: The good, the bad and the “ugly” scenario for oil and natural gas
Oil remains the most immediate indicator of geopolitical risk – Brent crude oil could range from $80 to $150 across UBS scenarios, while European gas could move between €50 and €80
Bank of America: Greece a top investment – The picks in banks, energy & industry
Greece emerges as the largest overweight market among countries in the region, ahead of Hungary and Turkey – Positions are concentrated mainly in banks and a few large blue chips