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S&P awards investment grade, bringing arduous cycle for economy to a close
Economyin May 2010. S&P moved Greece up by one notch to ‘BBB-‘, with a stable outlook. After the upgrade... on December 1. Fitch has Greece one notch from investment grade with a stable outlook. In its latest review
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Expulsions hasten SYRIZA split as ND ploughs ahead in pursuit of political dominance
PoliticsGreek PoliticsEuropean Parliament elections with the goal of securing at least one seat. This particular strategy.... The real test will come when Tsakalotos, the only one of the signatories of the letter to hold
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Government braces for self-employed tax protests, but insists on soundness of measure
PoliticsGreek Politicsplans to introduce such a levy. Ta Nea reported over the weekend that lawyers, one of the groups... in expenditure will probably be viewed positively by most. Speaking to financial news website Euro2day, one
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Greece promotes its suitability for mediatory role in Middle East
PoliticsForeign Policyfor the region was evident in the early days of the war. One day after Hamas’s terrorist attack... initiative. Greece was also one of the first countries to send humanitarian aid to Gaza
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SYRIZA reverberations continue as MPs debate Tempe rail crash inquiry
PoliticsGreek Politicsvoters’ interests. One of the initiatives that the SYRIZA leader has announced aimed at opening up... the ruling conservatives. One of those was the backlash created last week when Labour Minister Adonis
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Kasselakis aiming to bounce back as SYRIZA continues to take hits
PoliticsGreek Politicsleadership, from SYRIZA’s past and tarnishing the leftists’ image as a whole. One of the criticisms... (up one point since October) and New Democracy, whose support is virtually unchanged on 33 pct
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Mitsotakis hopes tax bill tweaks will calm reactions in push to jump-start stalled reform agenda
PoliticsGreek Politicschanges. One piece of legislation that will not be discussed by the cabinet is the bill recognising... as a tour of the regions, targeting in particular the constituencies of recent defectors. One
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Fitch rating upgrade seals Greece re-establishing itself as investment grade material
Economykeeping the outlook stable. This brings Fitch in line with S&P, both one notch ahead of Moody’s, although... pct of GDP during the pandemic to 141.2 pct projected by 2027 is one of the best performances
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Attention turns to next steps in solidifying Greek-Turkish relations
PoliticsForeign Policyto the national territorial waters and airspace. One thorny issue resurfaced during talks in Athens.... Erdogan’s latest visit to Athens had a different tone and rhetoric than his last one in 2017, when he
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How Greece reduced its unemployment rate to less than 10 pct
AgoraOne of several indicators that captured the pain suffered by the Greek economy because of the debt crisis and the adjustment programmes is the unemployment rate. In just four years, the monthly rate... below 10 pct in the latest ELSLAT release for October, landing at 9.6 pct. It was one more
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