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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economywithin the next 12 months if the economic recovery strengthens. The agency expects the Greek economy... that is held by the private sector is less than 20 percent of total Greek debt, or less than 40 percent... that the Greek authorities' decision to deprioritise public investment spending (including on education
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingin the final quarter of last year. NBG noted also that regarding Greek operations, profits from continued... in the second quarter of this year. Finally, a secured corporate portfolio of Greek denounced, non... to the incorporation of part of the benefits from the agreement for replacing Greek State IRS
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Brussels urges Athens to remain on reform path as fourth post-MoU review looms
EconomyProgrammenoted that the Greek authorities need to build on positive developments by “continuing on the path... the Greek financial sector.” Economic Affairs Commissioner Pierre Moscovici stressed that although the latest macro data indicate the efforts and hardships of the Greek people are starting to bear fruit, all
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Mitsotakis and Erdogan break ice, look for calm summer
PoliticsForeign Policytensions. Following the meeting, Greek government sources underlined that the joint understanding... for Greek-Turkish relations. Erdogan also stressed that there is no need for mediators between Athens... applications have been rejected by the Greek authorities. The Greek request for the returns has been
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Greece to sign augmented defence deal with US, buy more Rafale jets
PoliticsForeign PolicyIn a significant development for Greek foreign policy, Athens and Washington look set to renew their Mutual Defense Cooperation Agreement (MDCA). Greek diplomats argued that the deal takes on even... this time, rather than the usual annual renewal, the Greek premier said this is correct. “I am glad because
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign PolicyAfrican country becomes stable. The Greek side is also seeking to create the necessary conditions.... The Greek premier reportedly also said to the US official that Athens is ready for talks with Tripoli... after the launch of ExxonMobil’s surveys in Greek waters is whether these are based on realistic
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Manufacturing grows in May, but at slowest pace in last four months
EconomyMacroeconomy. This is the fourth month that the conditions in the Greek manufacturing sector have improved, though May... was in line with the previous month and above the series average. Greek manufacturers noted greater.... This combination led Greek manufacturers to lower their prices, stopping a 28-month period of inflation
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Athens stands by Israel, hopes for de-escalation
PoliticsForeign Policy,” the Greek PM underlined. He also noted that Athens, Sofia and Bucharest have common lines... of the detention of the elected mayor of Himare Fredi Beleri, an ethnic Greek. Following the informal meeting of the European Council in Granada, which also focused on the EU’s enlargement, the Greek
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Newsletter 450 - 7/02/2025
the left. A GPO opinion poll published over the weekend shows ultranationalist Greek Solution and nativist... from a religious celebration in his native Kalamata, he noted that there is a dark mood in Greek... in Greece. The report indicates there have been a number of positive developments in the Greek labour
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Newsletter 454 - 07/03/2025
Democracy party has a comfortable majority in the Greek Parliament (156/300 seats) and there is no sign... on the Greek network and subsequently making a concerted effort to cover up the causes of the crash... fallen, from 16.6 pct to 14.8 pct. At the same time, Greek Solution has picked up 1.3 points to rise
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