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Greece steps up effort to bolster relations with Iran
PoliticsForeign Policythat this idea was developed within the framework of a Plan B in case of a Grexit. In such case... interest regarding exports of gas to Europe if an Iranian LNG station is constructed B. to increase
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
EconomyIn an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform progress with a stable outlook. The last time Greece was ‘B’ rated was also by S&P almost 12 months ago. The rating agency assesses that Greece broadly complies with the conditionality of the third
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S&P affirms Greece’s rating with stable outlook
EconomyAs was broadly expected, S&P affirmed on Friday afternoon Greece’s ‘B-/B’ ratings, while the outlook remains stable. It is worth noting that S&P has the highest rating for Greece, which stands three notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC
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Greek stocks remain flat during week, banks underperform
EconomyThe Greek equity market traded sideways amid muted sessions this week, ending flat compared to the previous week’s closing. S&P affirmed last Friday evening Greece’s ‘B-/B’ ratings with a stable outlook, reflecting its view that the government is meeting, albeit with delays, the terms of the third
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S&P raises core Greek banks’ ratings, with a stable outlook
Economyis being insufficient to meet their financing needs. It is worth noting that S&P affirmed Greece’s ‘B-/B’ rating with a stable outlook on July 22 reflecting its view that the government is meeting
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S&P affirms Greece’s rating, outlook remains stable
EconomyS&P affirmed Greece’s ‘B-/B’ ratings in its scheduled rating review on Friday. The outlook remained stable, reflecting the rating agency’s view that the risks to its ratings are balanced over the next twelve months. S&P anticipates that Greece will continue to fulfil most of the bailout programme
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Cyprus talks fail to deliver result, leave concerns about future ties
PoliticsForeign Policycould hint at a “Plan B” that many fear Ankara has already prepared in case the Cyprus talks ended... Ankara may have prepared as a “Plan B” for Cyprus. Things do not look any better for Akinci. He had
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How Cyprus re-entered the market
AgoraGreece on June 23 to Caa2 (positive outlook) from Caa3. Standard & Poor’s had upgraded Cyprus to B (positive outlook) from B- in April 2014. The big difference between the two countries here
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Varosha move puzzles amid low expectations on Cyprus
PoliticsForeign Policyoccupation.” Many in Athens and Nicosia fear that Turkey is preparing to begin implementing the Plan B... Christodoulides said it represented the implementation of Plan B by Turkey and a “perpetuation
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Rating agencies concur in improved prospects for Greece
Economyunchanged at ‘B-‘ but revised its outlook to positive from stable, opening the path for a possible... both credit rating by one notch to ‘B-‘, and the outlook to positive from stable. The latest activity
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