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  1. Fitch takes no rating action, leaves outlook stable
    Image: MacroPolis

    Economy

    In Greece’s latest rating review on Friday, Fitch took no action and left the country’s grade unchanged at ‘BBB-‘, with the outlook also remaining stable. This was the penultimate rating review of the year, with the cycle to be concluded by Scope Rating...

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  2. Scope takes Greece a step further into investment grade territory with 'BBB' rating
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    EconomyMacroeconomy

    Scope Ratings completed the annual cycle of rating reviews for Greece with a positive move as it granted the first upgrade of the year and is the only agency that has moved Greece’s rating one step further into the investment grade territory. Scope uppe...

    17%

  3. Solid Oct for travel receipts takes 10M figure to new record of 20.94 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 1.94 billion euros in October, compared to 3.58 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday. October balance was 18.6 percent higher than the 1.64 billion eu...

    17%

  4. PASOK takes aim at ND with barrage of economic initiatives as PM focusses on party unity
    Image: https://kinimaallagis.gr/

    PoliticsGreek Politics

    PASOK leader Nikos Androulakis has started the year on the front foot with the first of a series of parliamentary initiatives which he hopes will corner the government on the subject of its handling of the economy. For PM Kyriakos Mitsotakis the biggest...

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  5. Opposition takes aim at PM's inner circle over subsidy fraud as scandal halts ND rebound

    PoliticsGreek Politics

    Opposition parties are clamouring for a preliminary inquiry into the farming subsidies scandal, confident that fresh evidence will be enough to implicate PM Kyriakos Mitsotakis. The scandal has grabbed the public’s attention, with polling suggesting tha...

    17%

  6. Jump in corporate deposits takes balance to highest since Jan 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek banking system’s private sector deposits grew strongly in June, with a net increase of 5.1 billion euros, after a 1.22-billion-euro drop in May, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in June...

    17%

  7. Athens takes stance on peace in Ukraine, faces stalemate in relations with Turkey
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    PoliticsForeign Policy

    EU and NATO leaders, along with members of the so‑called “coalition of the willing,” are currently assessing the situation in Ukraine. Recent peace talks have gained momentum, but European leaders remain focused on securing a just and lasting peace for ...

    17%

  8. Tsipras takes stage for launch of book and would-be political manifesto

    PoliticsGreek Politics

    Alexis Tsipras stepped onto the stage at the Pallas Theatre in central Athens on Wednesday night ostensibly to present his new book, Ithaki, but the atmosphere, the crowd, and above all the content of his speech transformed the event into a declaration ...

    17%

  9. Retail sales growth of 6.1 pct YoY in March spurred by fuel as war takes toll
    Image: https://flic.kr/p/2j6Tdii

    EconomyMacroeconomy

    The growth of Greece’s retail sales slightly moderated with a rise of 6.1 percent year-on-year (YoY) in March, after an increase of 6.9 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The correspond...

    17%

  10. Moody's explains why it sees SYRIZA win as credit negative

    Economy

    agency stresses that the negotiations with the troika will take place within this backdrop... particularly against the backdrop of looming repayments on T-Bills, to the ECB (bond redemptions) and the IMF

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