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Moody's upgrades Greek rating by two notches to Caa1 - here's why
EconomyMoody’s upgraded Greece’s government bond rating by two notches on Friday, raising it to Caa1 from Caa3, where it had been placed on November 29, 2013. The outlook on the rating is stable. This is Greece’s second rating upgrade, following that Fitch’s decision to increase it by one notch on May 23
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BoG charts how crisis has affected private sector employment
Economymoving upwards since early 2013 and from May 2013 has risen month on month. At the end of November 2013
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Multi-bill passes but coalition's relationship with armed forces and police sours further
PoliticsForeign PolicyA multi-bill of reforms that took the government some time to pull together was passed through Parliament with relatively little fuss on Wednesday but the government may face more serious consequences when some of the law’s provisions start to take effect. Fifty coalition MPs voted in favour
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In bid to polish SYRIZA's image, Tsipras visits Mount Athos monks
PoliticsGreek Politicsa visit to Moscow in May amid the escalating crisis. However, there is also a political pragmatism
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Greek banks' Eurosystem funding sees reduced drop of 334 mln in July
EconomyMacroeconomythis year was the elimination of ELA funding in May. It has remained below 4 million euros since
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The challenge in Greece: Funding an emerging economic recovery
Agora. The danger may rest in a rising dependency of third-party public financing, relying primarily
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Independent Greeks to go it alone rather than join grand right-wing alliance
PoliticsGreek Politicspercent in the European Parliament elections in May, Kammenos has seen his number of MPs dwindle
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Services help increase Greek current account surplus to 1.37 bln in June
EconomyMacroeconomyin May. This month’s flow mainly reflects an inflow of 85.3 million related to the sale of a stake
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Worsening EU-Russia ties leave Greek coalition in precarious position
PoliticsForeign Policymonths (leftist leader Alexis Tsipras visited Moscow in May). The opposition party has been highly
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Greek central government debt rises to 322.4 bln in Q2
Economyredemptions of 9.4 billion in May and the 5-year bond issue of 3 billion in April. The net rise in FSM loans
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