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  1. S&P acts in wake of ECB decision and downgrades Greek rating to B-

    Economy

    S&P lowered on Friday evening its long-term rating on Greece by one notch to ‘B-‘ from ‘B’, while it maintained the CreditWatch negative, which was placed on January 28. The rating action came one month earlier than the scheduled rating review on March 13 and is justified, according to S&P

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  2. Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Fitch upgraded on Friday Greece’s long-term credit rating by one notch to ‘B’ from ‘B-‘, maintaining a positive outlook. The upgrade was driven by a variety of factors that create a more stable environment for Greece. The ratings agency is of the opinion that Greece’s debt sustainability

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  3. S&P keeps rating at 'B+' and highlights obstacles to competitiveness

    Economy

    Standard and Poor’s (S&P) reaffirmed on Friday its credit rating for Greece at ‘B+’, also maintaining its positive outlook. S&P was the first rating agency to upgrade Greece following the Eurogroup... lower than the average cost of refinancing for the majority of sovereigns in the 'B' category

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  4. Coalition sees key targets met in debt deal but opposition has holes to pick

    PoliticsGreek Politics

    that the coalition met one of its key targets, which has not always been the case during its negotiations

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  5. Greece, Turkey launch new round of talks as Libya sea deal casts shadow
    Photo via www.mfa.gr

    PoliticsForeign Policy

    Foreign Minister Nikos Dendias is due in Brussels on Monday to attend the General Affairs Council which will focus, among other things, on the ongoing developments in Libya. According to media... in Libya on November 29, 2019. The inclusion of the memorandum’s sea zone maps in the UN's database

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  6. Quiet summer in Greek-Turkish relations not seen lasting
    Photo via https://flic.kr/p/2marG7P

    PoliticsForeign Policy

    developments on the Cyprus issue. Even though this decision met with opposition, especially from the US..., in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime Minister Abdul Hamid Dbeibah met with Turkey’s President Recep Tayyip Erdogan in Istanbul last week

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  7. A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
    Photo via https://flic.kr/p/2mN5NQb

    PoliticsForeign Policy

    countries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... troubling for Athens throughout 2021. Delegations met three times during the year for exploratory talks..., their sovereignty should be in question if this condition is not met. Diplomatic sources underline

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  8. Greece's 2015 budget: A breakdown of all the key figures

    EconomyMacroeconomy

    in 2014 fiscal performance. b) Increased taxable income of salary earners due to the reduction of SSCs. c... a positive impact on general government fiscal figures of 852 million (0.47 percent of GDP) in 2013

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  9. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    in the December-February period b) The lift of the waiver (by the ECB as of February 11) of Greek government... entities. Similar to January, the state budget recorded the highest surplus at 852 million, yet

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  10. Parties ponder next steps as dust settles following local elections
    Image: MacroPolis

    PoliticsGreek Politics

    . Meanwhile, the foothold gained by right-wing independents in the regions is less likely to endure.... The heavy-handed statements had been blamed for the eventual defeat of the party’s candidate

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