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Delays in concluding programme review are credit negative for Greece, says Moody’s
EconomyIn its latest comment on Greece included in the weekly credit outlook of May 2, Moody’s notes that the delays in the country’s bailout programme review are credit negative since they increase... of those obligations are due in June and July and relate to payments to the IMF and the ECB. At the same
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S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
EconomyStandard and Poor’s opened the credit rating review cycle of the new year for Greece by affirming its ‘B+’ rating, which it granted in June of last year following the Eurogroup decisions... billion euros in the peak of May 2016, to 88.6 billion in the end of June last year. Even so, about one
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Continuity and priorities
Agora, though he does not have previous experience in foreign policy. His position on several issues....” It is no coincidence that after June's European Parliament elections, when ND looked on course for an easy victory... with Russia. In fact, Mitsotakis visited Moscow in April when he was still the opposition leader
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Newsletter 161 -11/05/2018
the Council of State hears the appeals against the presidential decree allowing the site to be built... the new rates to be in place on June 1, it wants to avoid any sharp rises in working class... by the end of June. It is expected to issue the ministerial decision to launch this year’s evaluation
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Clean exit under discussion but course of third review holds key
EconomyProgrammeThe probability of Greece exiting its programme next August without a credit line appears... site insider.gr on Wednesday in which he suggested that there is no great appetite among eurozone... and that Athens itself is unlikely to ask for the activation of a credit line. On the same day, spokesman
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Newsletter 401 - 10/11/2023
will no longer continue being a SYRIZA member. In an op-ed on the News247 site, Stathakis accused... of loans with up to 90 days delay over the total loan portfolio to 4.8 pct at the end of June, from... demand for credit as servicing costs have climbed and even the profitability of larger projects has
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Building activity falls 10.7 pct in June after brief rise in May
EconomyMacroeconomyfell by 10.7 percent in June, according to the Hellenic Statistical Authority (ELSTAT). However, the June figures for surface and volume continued heading north for the second straight month at an accelerating pace of 17.9 and 39.9 percent respectively. The year on year drop in June building permits
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A sudden turnaround that could lead to sharp shock
Agoracredit rating to just two notches away from investment grade. The following week, Greece issued its... if the situation is under control by June, some time will be needed for air connections to be re-established... pct assumption puts at risk more than 7 billion euros of GDP. The experience of 2010 and 2011 makes
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Newsletter 77 - 10/06/2016
are scheduled to officially sign off on the disbursement on June 16. Earlier this week one of the key... since June 2010. The aggregate figures for the 4-month period point to an increase of 12 percent. In its weekly credit outlook published on Thursday, Moody’s said that the slowing down in the formation
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Unemployment rate hits 11.1 pct in June as recovery loses steam
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate landed at 11.1 percent in June, from an upwards.... In June last year, the unemployment rate was 12.3 percent. These are the lowest jobless rates Greece has... by 46,574 in June, with total employment staying above the four-million mark, at roughly 4.19
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