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S&P only ups outlook, waits for political clarity before rating move
EconomyS&P left Greece’s rating unchanged at “BB+’, while it upped its outlook to positive from stable, one notch below investment grade. Greece is now one step away from investment grade for three of the agencies accepted by the ECB, with Moody’s placing the country’s sovereign debt three notches from
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Athens hoping Turkish election result leaves room for relations to continue improving
PoliticsForeign PolicyOrganization. Both sides say that there is a rapprochement similar to the one after the 1999 earthquakes.... The Greek Foreign Ministry responded to his claims. “Our positions are well-known. There is only one
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Post-election push for Greek-Turkish talks being lined up
PoliticsForeign Policykeeping equal distances when the positions of one side are based on international law and follow... own policy vis a vis Ankara. Athens is one of the last few remaining enthusiastic supporters of Turkey
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Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
Societyof circa one percentage point in 2021, reflecting the 2020 pandemic impact. This means that more than 2.7..., inequality also dropped with the Gini coefficient down by one point to 31.4 percent, while the ratio
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Restrictive leaders' debate produces little to move election needle
PoliticsGreek Politicsof national security for the National Intelligence Service (EYP) to bug him. This prompted one of the few... in one of his own responses, when he suggested that he was placed under surveillance because he
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Buoyed by polls, Mitsotakis rejects option of coalition with PASOK after first elections
PoliticsGreek Politics, meaning they would need the support of radical left MeRA25 and the Communist Party (KKE) in one form... to the one outlined above, with no viable government seemingly emerging from the May 21 election
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Opinion split in Athens over best outcome in Turkish elections
PoliticsForeign Policy. There are two schools of thought regarding the “next day” in Greek-Turkish relations. One, which is adopted... that “foreign policies of countries don’t change from one day to the next,” while in the televised
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Newsletter 381 - 19/05/2023
that this was one of the motivations behind forming a government of special purpose. The opposition immediately... in terms of percentage-to-GDP it is one of the highest in the globe, although the rise of nominal GDP
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Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat
PoliticsGreek Politicsthe conservatives won all but one voting region, New Democracy’s main task in the second vote will be ensuring... a point short of the 3 pct threshold for electing MPs. Should one or more of these parties make it over
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Markets buoyed by election result
Economyabout one month ago. Moody’s was the first rating agency that came out with a positive assessment... that he has established a good relationship with markets and investors, who see one more term of his
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