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S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015
EconomyS&P unexpectedly downgraded on Wednesday Greece’s long- and short-term ratings by one notch to ‘CCC+/C’ from ‘B-/B’ with a negative outlook. At the same time, the rating agency removed the ratings... notches to ‘CCC’ from ‘B on March 27, almost two months before its scheduled rating review due
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgramme: Scenario (B) assumes lower GDP growth by 0.25 pp per annum between 2019-2030, primary surplus to start... percent in the post-programme period. Scenario (C) is similar to (B) but assumes that the primary..., scenario (B) points to higher debt ratio of 161.2 percent in 2020, 132.3 percent in 2030 and 190.5
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
LegalGazette B 3164 / 30.09 .2016). This Code defines, inter alia, the rights and obligations of Eligible... and Energy (No. B ' 4828/2016 Governmental Gazette) issued a Joint Ministerial Decision regarding... (GG B / 06.06.2016). The Regulatory Authority also held that, given that par. 2 of article 138
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Parties mull changes to electoral law, top judge resigns
PoliticsGreek Politicsto Interior Minister Panos Skourletis the breaking up of the Athens “B” electoral district... for the changes. At the time, PASOK proposed breaking up the Athens “B” district and allowing Greeks... of 300 votes in Parliament for the carving up of the Athens “B” district if the government is also
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Coalition eyes electoral change, polls show wide lead for New Democracy
PoliticsGreek Politicsthe “next few weeks” a draft law aimed at breaking up the vast Athens “B” voting district into smaller... no willingness to discuss this issue in detail. Athens “B” elects 44 MPs who represent around 1.5 million..., there appears to be greater consensus now on breaking up Athens “B” but it remains to be seen
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Newsletter 170 -13/07/2018
-’, while the rating for Class B and Class C remained stable at ‘B’ and ‘CCC’, respectively. The rating... of ‘B+’. The European Commission also outlined details of the enhanced surveillance framework was ready
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
EconomyFitch on Friday raised its credit rating for Greece by two notches to ‘BB-’ from ‘B’, while... to the other leading rating agencies. Following the upgrade in June, S&P is at ‘B+’ with the outlook upped to positive in July, while Moody’s is at ‘B3’, which is the equivalent of ‘B-‘ and is now well
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Parties take another look at granting vote to Greek expats
Society”. Among the provisions of the bill was the controversial breakup of the Athens B electoral mega..., especially those who left in the recent years of the crisis.” The Athens B redistricting amendment..., Athens A with 476,108 voters elects 14 seats out of 300 in Parliament, while Thessaloniki B
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Bonds enjoy great buoyancy but remain some distance from investment grade
Economy-“ rating and stable outlook, followed by S&P at “B+” and positive outlook, while Moody’s puts Greece at “B1”, which is the “B+” equivalent, and stable outlook. This leaves the country needing a minimum... metrics are likely to remain with a rating in the B category in the coming years, unless
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeaway from investment grade for Fitch, which places it at 'BB-', and four for S&P at 'B... in the B rating category for years. That said, the top three notches of B are in the investment grading
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