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Moody's ups GGB rating by two notches, on par with S&P and Fitch
Economythe rating downwards, combined with a deterioration of the fiscal stance. Moody’s joins the two
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Inaugural 2025 bond breaks demand record, yield at 3.64 pct
Economythat Moody’s joins the rest of the agencies and upgrades Greece to investment grade.
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Policeman's death prompts PM's pledge to act on hooliganism
PoliticsGreek Politics. At the same time, it has given football clubs an ultimatum to install security measures in their grounds...The death of a policeman from injuries received during a clash with hooligans has prompted further... of Renti, dozens of people have been remanded in custody and an 18-year-old has arrested and charged
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Newsletter 326 - 28/01/2022
that has ebbed away from the ruling New Democracy party over the last few months. Having breezed... to the unpopular ENFIA property tax that was imposed during the debt crisis but which has become... of property owners the measure was merely an attempt to mask the rising costs of ownership
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Newsletter 58 - 15/01/2016
not offered any assessment at that stage. The IMF spokesman also said on Thursday that it has... as a temporary measure for a three-year period, in an effort to fill the gap of around 600 million.... In the context of the review, the Finance Ministry has also to prepare and present the medium-term
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Newsletter 278 -14/12/2020
compensated by the state. According to reports, the measure will cover around 200,000 businesses.... Partly in response to the damage wreaked by the Covid-19 crisis this year, the government has been... sector. In the meantime, the government has been able to take credit for a series of inward investments
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Newsletter 440 - 08/11/2024
, with the emphasis on the dozen tax relief measures it contains. The bill indeed has a number... to be directed to the domestic audience as much as his eventual interlocutors across the pond. The PM has... administration. The PM has also on occasion used the epithet “Trumpian” to attack his political
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Athens outlines 2018 debt management plan for post-bailout era
EconomyMacroeconomyof step up charges from the 2012 debt buy-back as well as the capping of total debt servicing to 15... relief measures that have been pledged by the eurozone. In the draft budget estimates for public.... The combination of the medium-term debt relief measures is the third pillar that the Greek government sees its
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Newsletter 80 - 01/07/2016
has posted outflows of around 1.5 billion, mainly stemming from savings and time deposit accounts... and 6.7 percent, respectively. Over the past six years, retail turnover in Greece has dived by 30.4... in Greece, employing 12,500 staff, and has long-lasting relations with more than 2,000 Greek suppliers
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Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
EconomyMacroeconomy2016. The capital needs stem from subtracting core Tier I capital at the starting point (June 2013... Tier I capital of 8 percent. The macroeconomic assumptions of the baseline scenario are based on IMF.... The BoG has asked Greek banks to submit at the latest by mid-April their capital enhancement plans
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