Economy

Results 1 to 10 out of 5044.

Photo by Panayiotos Tzamaros Moody's leaves Greece's rating unchanged, one notch from investment grade

Despite hopes that on Friday Moody’s would complete the cycle of granting the investment grade for Greece and the country would be rewarded by all rating agencies, it left Greece unchanged at ‘Ba1’, which is one notch below the investment grade, and kept the outlook stable.

Vehicle sales rise by 17.3 pct in Feb, led by passenger cars

Road motor vehicles going into circulation for the first time had a strong growth rate of 21.2 percent year-on-year (YoY) in February, after an 8.6 percent rise in January, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.

Photo by MacroPolis Underwhelming GDP highlights investment falling short of mark

The signs that the Greek economy has been slowing were evident in previous GDP releases for 2023, as minor movements were recorded during the year and, after the latest revision, the first quarterly drop was seen in Q3. There was a minor 0.1 pct contraction, not seen since Q2 2020 when the pandemic dealt a serious blow to the economy.

Results 1 to 10 out of 5044.