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S&P ups outlook to positive, leaves rating at 'BBB-'
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Moody's leaves Greece's rating unchanged, one notch from investment grade
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Investment grade boost visible in strong demand for Greek assets
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Labour database shows 8 in 10 workers earn less than 1,200 per month
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Investment grade rewards evident in first bond issuance of 2024, attracting record demand
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PDMA taps markets for first time this year via modest bond reopening
Athens starts MTFS process with baseline scenario that sees growth slowing down
The regular cycle for the preparation of Greece’s Medium-Term Fiscal Strategy (MTFS) for the 2020–2023 period began on Friday with a memo that was issued by the Alternate Finance Minister Giorgos Houliarakis to all the ministries involved in the process.
The document includes the main macroeconomic assumptions for all the elements that will drive economic activity over the next five years. The assumptions remain broadly unchanged from last year’s process, which ran up to 2022.
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