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Fitch keeps Greek rating at 'B' but downgrades outlook to negative
Economy. According to the rating agency, early elections have made the direction of Greek policymaking more... of macroeconomic prospects, such as a return to recession caused by tighter liquidity conditions
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Greek austerity programme compromising some basic rights, EU Parliament report finds
Societyput more pressure on a fragile Greek pension system that was already facing challenges. The changes.... By increasing court fees and introducing more stringent admissibility conditions so as to reduce the inflow
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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
EconomyIn its spring economic forecasts the European Commission (EC) focusses on the failure of the Greek recovery to pick up amid high political uncertainty and tighter financing conditions, which are also weighing on public finances. The EC also highlights that its new estimates are subject to a high
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S&P affirms Greek ratings at 'CCC+/C' with stable outlook
Economysolvency and thus support foreign investment. In addition, Greek government bonds (GGBs) could..., financial and economic conditions to meet its financial pledges. However, S&P stresses
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Fitch upgrades Greek rating to B-, sees debt sustainability improving
Economybeginning next month, the ratings agency notes. The challenge for the Greek banking system remains... conditions via the payment of arrears to the private sector. Fitch sees growth at 1.6 percent in 2017
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IMF sets date for Article IV and DSA as markets mull Greek bonds
EconomyProgramme. The Commission sees the Greek economy growing by 1.9 percent this year and 2.3 percent in 2019. It notes...+) and the improving market conditions since the concerns caused by the recent political uncertainty in Italy have
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Lost decades for Greek incomes tell different story to recovery narrative
EconomyMacroeconomyrealities on the ground: fresh data has once again highlighted the challenges confronting Greek... in living conditions. This challenge is also reflected in another set of Eurostat data released this week
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Referendum call finds Greek banks teetering on the edge
EconomyThe Eurogroup rejected on Saturday the Greek government’s proposal for a one-month extension of the current bailout programme, which expires on June 30, Greek banks are facing a dramatic situation. The challenge to the Greek banking system was immediately visible following Greek Prime Minister
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Newsletter 255 -26/06/2020
to provide stimulus The government is considering what else it can do to support Greek businesses... percent, it does underline that many Greek businesses will have to weather at least two very difficult... that this is not the case on Greek islands, which have only just begun to receive tourists. The signs
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In 9th post-bailout review, EC sees reforms slowing due to pandemic
EconomyProgrammeof which the authorities attributed to the latest changes in the Greek administration that took place... on the close cooperation between the Greek authorities and the European Commission on the preparation... in the summer of 2020 that once conditions allow it, Greece should resume medium-term fiscal policies
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