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Stability Programme sees improved growth, primary surplus above 2 pct from 2024
EconomyMacroeconomyGreece submitted to the European Council and the European Commission the latest Stability Programme of 2023, covering the 2024-2026 period, in line with the Council regulations.
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S&P only ups outlook, waits for political clarity before rating move
EconomyS&P left Greece’s rating unchanged at “BB+’, while it upped its outlook to positive from stable, one notch below investment grade.
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Annual debt strategy almost wrapped up with 5-year bond, at 3.92 pct yield
EconomyGreece’s debt managers managed to nearly complete the debt strategy for 2023 before the first quarter has been completed, with the issue of a 5-year bond yesterday that drew 2.5 billion euros with a yield of 3.92 pct.
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Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
EconomyAs expected, Moody’s kept Greece’s credit rating at ‘Ba3’ on Friday, while it improved the outlook from stable to positive.
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DBRS leaves Greece a notch from investment grade, outlook stable
EconomyDBRS announced on Friday that it is keeping Greece’s rating unchanged at BB (High) with a stable outlook, one notch below the agency’s investment grade rating.
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Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
EconomyFitch became on Friday the latest rating agency to place Greece one step away from investment grade, after upgrading its sovereign credit rating to ‘BB+’ from ‘BB’. The outlook is stable.
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Inaugural 2023 bond attracts strong demand and steep interest
EconomyMacroeconomyGreece had its inaugural bond issue for 2023 on Tuesday with a 10-year benchmark that covered half of the country’s debt strategy for the year thanks to the high demand.
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PDMA sets out modest debt strategy for 2023
EconomyMacroeconomyGreece’s debt managers published on Friday the debt strategy for 2023, when Greece is expected to follow the same cautious approach as this year.
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Another crisis chapter closes, triggering final round of debt relief measures
EconomyProgrammeThe Eurogroup noted on Monday Greece’s progress in the post-enhanced surveillance era and released another set of debt relief measures. This marked the end of a years-long period during which Greece was often a specific agenda item in Eurogroup meetings.
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Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the final budget for 2023, which - despite the global challenges - sees Greece outperforming EU peers and avoiding a recession, while also delivering a primary surplus.