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Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct
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Industrial turnover posts modest 0.7 pct YoY rise in Nov, falls sharply MoM
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Current account deficit at 2.08 bln in Nov, falls significantly in 11M
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Car sales record strong rise in Dec, grow by 5.9 pct YoY in 2025
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Small total surplus for budget at close of 2025 as underspend remains prominent
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Energy propels 3.3 pct YoY drop in import prices in Nov
Moody's upgrade underlines gap between economic story and reality for households
The recent upgrade of Greece’s credit rating by Moody’s to investment grade highlighted the difficulties that Kyriakos Mitsotakis and his administration have had in building traction for the government’s economic record with the Greek public.
Moody’s upgrade completes the cycle of all leading rating agencies placing Greece in the investment grade category. This came after a long effort that spanned years since 2012 when GGBs were placed on selective default after its debt haircut deal.
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