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Greece steps up effort to bolster relations with Iran
PoliticsForeign Policythat this idea was developed within the framework of a Plan B in case of a Grexit. In such case... interest regarding exports of gas to Europe if an Iranian LNG station is constructed B. to increase
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
EconomyIn an unexpected move, S&P upgraded Greece’s rating by one notch to ‘B-‘ from ‘CCC+’ on reform progress with a stable outlook. The last time Greece was ‘B’ rated was also by S&P almost 12 months ago. The rating agency assesses that Greece broadly complies with the conditionality of the third
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S&P affirms Greece’s rating with stable outlook
EconomyAs was broadly expected, S&P affirmed on Friday afternoon Greece’s ‘B-/B’ ratings, while the outlook remains stable. It is worth noting that S&P has the highest rating for Greece, which stands three notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC
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Greek stocks remain flat during week, banks underperform
EconomyThe Greek equity market traded sideways amid muted sessions this week, ending flat compared to the previous week’s closing. S&P affirmed last Friday evening Greece’s ‘B-/B’ ratings with a stable outlook, reflecting its view that the government is meeting, albeit with delays, the terms of the third
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S&P raises core Greek banks’ ratings, with a stable outlook
Economyis being insufficient to meet their financing needs. It is worth noting that S&P affirmed Greece’s ‘B-/B’ rating with a stable outlook on July 22 reflecting its view that the government is meeting
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Cyprus talks fail to deliver result, leave concerns about future ties
PoliticsForeign Policycould hint at a “Plan B” that many fear Ankara has already prepared in case the Cyprus talks ended... Ankara may have prepared as a “Plan B” for Cyprus. Things do not look any better for Akinci. He had
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How Cyprus re-entered the market
AgoraGreece on June 23 to Caa2 (positive outlook) from Caa3. Standard & Poor’s had upgraded Cyprus to B (positive outlook) from B- in April 2014. The big difference between the two countries here
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Rating agencies concur in improved prospects for Greece
Economyunchanged at ‘B-‘ but revised its outlook to positive from stable, opening the path for a possible... both credit rating by one notch to ‘B-‘, and the outlook to positive from stable. The latest activity
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European Commission keeps DSA broadly same, stresses need for relief
EconomyProgrammesustainability, even in the basecase. Scenario B More conservative scenarios are also simulated to reflect... in A and B. In this simulation the debt-to-GDP ratio is explosive from the mid-2030s towards 244 percent
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Greek banks complete first round of covered bond issues
EconomyBankingbeen rated B3 by Moody’s and B by Fitch. Interest for the issuance had been raised up via an investor...-year bond, rated B by Fitch, was 2.75 percent and the return was 2.90 percent. This was soon followed
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