The size of the task facing Prime Minister Alexis Tsipras and his government in trying to convince the Greek public that the agreement reached with the creditors provides a genuine opportunity for the country to exit the crisis was highlighted by a new poll published on Frida
Moody’s upgraded Greece’s credit rating by one notch to ‘Caa2’ from ‘Caa3’ on Friday evening. It also changed the outlook to positive from stable, in its scheduled credit rating review.
Over the period of nine months that it took to complete the second programme review, the role of the International Monetary Fund as Alexis Tsipras’s strongest ally to secure debt relief was one of the many curved balls that flew past the Greek prime minister.
The government attempted on Thursday to come up with a temporary solution to the strike by municipal rubbish collectors, which has led to trash piling up in the streets.
Travel receipts rose by 11.3 percent in April, reversing a decline of 7.8 percent in March, provisional Bank of Greece (BoG) figures showed on Wednesday.
Severe material deprivation continues to rise in Greece across populations classified as poor and non-poor while the risk of poverty fell very slightly in 2016, (ELSTAT) data revealed on Friday.
Today was day one of the Brexit negotiations. David Davis and Michel Barnier will be leading what is expected to be one of the most tantalising negotiations in the history of European integration.