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Are hirings in the public sector out of control?
EconomyFeaturesis out of all control,” charged New Democracy leader Kyriakos Mitsotakis in a recent statement... people to key positions, allowing it to control the apparatus of government even after it has lost... sector headcount in various categories suggests that some of the opposition claims of “out of control
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Moody's leaves Greece's rating unchanged, one notch from investment grade
Economyfor Greece and the country would be rewarded by all rating agencies, it left Greece unchanged at ‘Ba1... made a bold move of upping the country’s rating by two notches with a stable outlook.... Moody’s notes that the current rating and outlook are supported by the improvements in institutions
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PASOK resists invitation to discuss watchdog appointments, citing ND's questionable record
PoliticsGreek Politicson new appointments and PASOK leader Nikos Androulakis refusing to engage. At the heart of the row... to “control” watchdogs that should remain impartial, pointing to controversies over surveillance... appointments would demonstrate stability and control, reinforcing his government’s narrative of competence
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S&P sees improved fiscal and growth prospects, raises credit rating to 'B'
EconomyRating agency S&P raised Greece’s long-term credit rating to ‘B’ from ‘B-’ on Friday, maintaining the positive outlook. S&P was the only one out of the three main rating agencies that only upgraded its outlook during the summer, and not Greece’s credit rating. In its overview, the agency stresses
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Fitch keeps Greek rating stable at 'BB-' but sees growth momentum building
EconomyOn Friday night, Fitch reaffirmed its ‘BB-‘ credit rating for Greece, keeping the outlook stable... and Moody’s at ‘B3’, which is the ‘B-‘ equivalent, although it has not taken any rating action... remain areas of concern. The rating agency expects economic growth to gain further momentum thanks
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S&P affirms Greece’s rating with stable outlook
Economythe outlook remains stable. It is worth noting that S&P has the highest rating for Greece, which stands three...’ set on August 18, 2015). The rating agency said the affirmation reflects its assessment... below 2 percent, the rating agency stresses it will take another 17 years before the Greek debt ratio
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
EconomyFitch re-affirmed Greece’s credit rating to ‘BB’ on Friday night, maintaining the stable outlook. Fitch was the last rating agency to upgrade Greece. At the end of January, it raised its rating... the rating unchanged to ‘BB-‘. Fitch notes that Greece’s rating is supported by the high per capita
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Moody’s affirms Greece’s rating at Caa3 with stable outlook
EconomyIn its scheduled rating review, Moody’s affirmed Greece’s rating at ‘Caa3’ with a stable outlook. The rating incorporates a high level of implementation risk given Greece’s weak institutions, social and political fragmentation as well as historically weak reform track record. The rating agency
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Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
Economy’s rating, which was last upgraded in the summer of 2017, was well behind those of S&P and Fitch. Both upgraded Greece to ‘B’ in the last few weeks. Moody’s rating is the equivalent of ‘B-‘ for the other two and remains a notch lower. In line with the rest of the rating agencies, Moody’s sees
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Fitch keeps Greece at 'BB' rating as risks remain on horizon
EconomyAs was broadly expected, on Friday night Fitch kept Greece’s credit rating and outlook unchanged... outlook across all three main rating agencies. Fitch is one notch ahead at ‘BB’ following last year’s upgrade in January before the pandemic, S&P has not taken any rating action since the end of 2019
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