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Moody's downgrades Greece's rating by one notch to Caa3
Economythe downgrade lies with the fall in the probability of support to Greece since the previous downgrade in April regardless of the referendum outcome. According to Moody’s, without official support as well as the economic and fiscal reforms that are required to retain that support, Greece
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Yes or no, complex political developments lie ahead for Greece
PoliticsGreek Politicshe needs broader support for any agreement to be concluded as he may have to turn to opposition... and banking level. If Tsipras refuses to support the creation of a national emergency government, which may... complicated. If New Democracy, To Potami and PASOK agree to form a coalition, they will need the support
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Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote
PoliticsGreek PoliticsSYRIZA but also as a potential pool of support that could give the new party higher ratings than... thanks to the support of New Democracy, To Potami and PASOK. Support from the three opposition parties... passed with the support of 229 and 230 MPs in the 300-seat Parliament. However, there has been
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingfinancial support to cover the whole amount of capital needs under the adverse stress test scenario. However, the official capital support from the HFSF would trigger the bail-in instrument, meaning... brings the maximum capital support from private investors at 2.6 billion. The remaining 2 billion
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Vote on same-sex civil unions reveals common ground and divisions
PoliticsGreek Politicsto broad support that the bill was passed as six out of nine MPs from coalition partner Independent... of his MPs did not support their coalition partner should not be taken as a sign of a serious rift... the SYRIZA side of the government that it would support the law. This is one of the reasons
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PASOK emerges victorious from first round of centre-left leadership vote
PoliticsGreek PoliticsGiorgos Kaminis, who has enjoyed the Socialist party’s support on the two occasions he was elected... seeming to have benefited from the support of PASOK’s traditional, and ageing support, as well... leader of PASOK - after George Papandreou stood aside - with the support of 230,105 votes even
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Newsletter 141
Not for the first time during his premiership, Alexis Tsipras is being called upon to provide support... developments earlier in the week, when the government secured broad parliamentary support for its... Democracy continues to narrow. Although New Democracy still has a large lead over SYRIZA, support from
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Rating agencies up Greece's scores, adding to positive outlook
Economythe country’s institutional standing and that this will support the recovery in the coming years... the primary surplus target (of 3.5 percent of GDP) for the years 2019-2022. “Those measures support the view... arrears to the private sector will support domestic demand, while the competitiveness gain of structural
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Newsletter 167 -22/06/2018
in the Greek Parliament on Saturday night, receiving the support of its coalition partner... right-wing, nationalist audience and Kammenos will hope that he can win back enough support to get... on the pact with Skopje as a chance to reach out to centre-left voters who support the settlement
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Newsletter 227 -08/11/2019
for actions that support sustainable development. Furthermore, the bill includes several measures.... The refugee issue aside, support for the government remains strong according to the latest opinion polls... questioned said they “support” the Mitsotakis administration, while 32.5 percent said they are showing
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