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S&P ups outlook to positive, leaves rating at 'BBB-'
EconomyS&P published the latest credit rating review for Greece, where the rating was left unchanged at ‘BBB-‘, while the outlook was upgraded from stable to positive. S&P had granted the investment grade to GGBs in October last year, followed by Fitch in Dece...
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Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance
EconomyScope Ratings kept Greece’s rating unchanged at ‘BBB-‘ on Friday. This is the lowest step of the investment grade that it granted Greece in August last year, but Scope upped the outlook to positive. The agency notes that the main driver behind the outlo...
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Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
EconomyBankingThe latest divestment from the banking sector by the Greek state was completed on Thursday when the book closed for the placement of a 10 pct stake in National Bank of Greece (NBG). The transaction made available 91.47 million common stock, which repres...
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Mitsotakis ups stakes in clash with opposition and internal rivals
PoliticsGreek PoliticsA debate in Parliament on Wednesday during which the government and opposition parties traded blows over how the Greek authorities handled wildfires this year turned out to be more significant for a couple of unrelated remarks made by Prime Minister Kyr...
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DBRS ups Greece's rating one notch further into investment grade
EconomyOn Friday DBRS upped Greece's credit rating to ‘BBB’, one notch further into investment grade, while the outlook was lowered to stable from positive. After Scope Ratings in December, DBRS is the latest agency to take Greece further into investment grade...
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyOn Friday, Fitch became the latest leading rating agency to publish a rating review for Greece, keeping the rating unchanged at ‘BBB-‘, the first step of the investment grade, while the outlook was revised up from stable to positive. Fitch granted Greec...
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Scope leaves rating unchanged at 'BBB', ups outlook to positive
EconomyScope Ratings affirmed Greece’s sovereign credit rating at ‘BBB’, while revising its outlook from stable to positive, reflecting the country’s growing economic resilience, strong fiscal performance, and steady improvement in debt dynamics. Scope noted t...
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgramme’s 37-billion-euro “Corona Response Investment Initiative,” which will be directed at health care
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Newsletter 245 -27/03/2020
. In addition to the emergency quantitative easing programme launched by the European Central Bank, a “corona
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Mitsotakis urges EU to act after European Council stalemate
PoliticsGreek Politicsto have earlier called for a so-called “corona-bond” to be issued to give governments the necessary
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