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Electricity main driver for industrial production rise of 2.1% YoY in April
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CPI at 5.2% YoY in May as impact of Iran war spreads
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Despite slowdown to 5.2% YoY in Q1, property prices at all-time high
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Rising prices and energy pressures threaten to undermine 2026 outlook
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Fuels prompt sharp drop of 25.2% in April trade deficit
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Unemployment jumps to 10.6 pct in Q1 - highest in two years
Fitch leaves rating unchanged at 'BBB-', outlook stable
Fitch on Friday reaffirmed Greece’s credit rating to ‘BBB-‘ with stable outlook. It is another indication that the country’s rating has entered a steady environment after the several upgrades over the last couple of years that brought it to investment grade.
At the end of 2023, Fitch was the latest agency to grant Greece the investment grade. Moody’s is the only leading agency that has left Greece one notch below the investment grade, not granting an upgrade in its latest review in March.
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