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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economyrating action if a certain set of conditions were sustained, related to the stock of debt, risks... official creditors. The reduction by 1 percentage point will have a substantial stimulating effect
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New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeatures, Greece has remained in bottom place since 2015, the year for which the data set first became... for large companies. Meanwhile, net debt for SMEs dropped by 1 percent and by 22 percent for large
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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek Politicsto the outbreak industry participants expected proceeds and visitors to match or exceed the records set in 2019... of GDP, that would translate to the loss of 1 percentage point of growth, or 1.8 billion euros. More
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Newsletter 241 - 28/02/2020
participants expected proceeds and visitors to match or exceed the records set in 2019, when 33..., that would translate to the loss of 1 percentage point of growth, or 1.8 billion euros. The shipping sector
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Overdue social security contributions edge down to 35.38 bln in Q4
EconomyMacroeconomy. This is followed by those owing over 1 million euros, which stand at 1,942 (+41 individuals QoQ) which... and meeting the target set by KEAO which was 1.38 billion.
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingof around 6 billion euros set to launch when market conditions allow. Since 2015, NPEs have been reduced... lending fees, as disbursements towards Greek corporates accelerated to 1 billion in the quarter
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Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
PoliticsGreek Politicshappens on Tuesday, the government looks set to submit a request to the European institutions... or refugees who have arrived in Greece since March 1 will be housed in different facilities
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Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
Agora-fuel related infrastructures and production). On paper, one could argue that the stage is set...) would amount to no more than 0.6% of EU GDP annually, to 2030 (1 trillion in total for the period
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Economic diversification vital to Greece's post-coronavirus future
Agora, hotels falling silent, airports all but closed, and international trade set to fall anywhere between... unnoticed that Greece remains a net importer in monetary times at a ratio of roughly 2:1 in balance
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ND mulls next stage of lockdown easing as support remains strong despite some grumbles
PoliticsGreek Politicsbe open to the public from Saturday as Greece is set to experience a brief heatwave. In both cases... the beginning of next week. It is still not clear if primary schools will reopen on June 1. The government
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