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Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
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Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
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DBRS leaves Greece a notch from investment grade, outlook stable
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
Delays in concluding programme review are credit negative for Greece, says Moody’s
In its latest comment on Greece included in the weekly credit outlook of May 2, Moody’s notes that the delays in the country’s bailout programme review are credit negative since they increase the risk of a liquidity squeeze and prevent any discussion on debt relief.
The delays are caused by tensions between Greece and its lenders, notably the European Commission and the IMF, and weigh on economic confidence, according to the rating agency.
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