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  1. Fitch takes no rating action as fiscal continuity remains crucial to investment grade
    Photo by MacroPolis

    EconomyMacroeconomy

    Fitch took no action on Friday regarding Greece’s rating, re-affirming the country’s ‘BB+’ and keeping the outlook stable. Buoyed by New Democracy’s landslide win in the June 25 elections, some commentators in Greece were anticipating a possible upgrade. However, this option seemed remote as Greece

    5%

  2. Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    since 2020, after the economy took a severe hit from the pandemic. The data represents the situation

    5%

  3. ND lead unabated in face of last-minute disputes over migrant boat sinking, minority votes
    Photo by MacroPolis

    PoliticsGreek Politics

    the accident took place under the interim government, the political reaction has been heated. SYRIZA

    5%

  4. Travel balance up 16 pct YoY in Apr, at 1.49 bln in first four months
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros. Payments also increased to 762.6 million, which took the overall travel balance

    5%

  5. Bond re-opening with 4 pct yield completes debt strategy for year

    Economy

    The PDMA took another cautious step on Wednesday by completing the debt strategy for the year with a small re-opening of the issuance that matures in January 2042, also rounding up the re-opening schedule for the second quarter. The transaction drew 1.23 billion euros, being oversubscribed by more

    5%

  6. Opposition parties jostle for position in post-election political landscape
    Image: www.syriza.gr

    PoliticsGreek Politics

    opposition took a severe beating in May, losing by more than 20 points. Alexis Tsipras is fighting for his

    5%

  7. Credit growth slows to 3.1 pct in May, as flow to corporations contracts
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    a net monthly inflow of 164 million euros. This took the balance to 7.74 billion euros. Credit to sole

    5%

  8. MPs return to work, Mitsotakis seeks to bolster hold on centre
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of radical left parties was when Tsipras took over, and being overtaken, or even subsumed, by PASOK

    5%

  9. Spyware probe reveals multiple targets, prompts opposition calls for answers
    Image: https://flic.kr/p/2iZn7vV

    PoliticsGreek Politics

    on the government to come up with answers about how the illegal wiretapping took place. PASOK leader Nikos

    5%

  10. Travel balance up to May rises by 30.7 pct as arrivals soar by a third
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros. Payments also increased to 913.9 million, which took the overall travel balance

    5%