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Moody's leaves Greece's rating unchanged, one notch from investment grade
Economyby the favourable structure and the large cash buffer. The agency notes that Greece has managed to weather... is seen at 2 pct. The current account has also improved, with the deficit dropping to 6.4 pct... and the Greek 10-year benchmark yield has de-escalated to 3.3 pct, from 4.5 pct in October 2023, before last
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New Democracy comes out fighting against Tempe censure motion
PoliticsGreek Politicsto govern. The strategy behind the move has been the subject of much discussion. With New Democracy... for political gain and was acting at the behest of specific financial interests. The accusation, which has been..., the front has been far from united even among the proposers. Only New Left, the party formed
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Mitsotakis and Kasselakis compete to burnish patriotic credentials
PoliticsGreek Politicsin the upcoming European Parliament elections has aroused a predictable degree of controversy among... of Himarra. Athens has made diplomatic attempts to intervene in his favour, claiming his imprisonment... against the selection, which, however, failed to sway the prime minister. The controversial pick has
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PM aims to mend ties with church and stem loss of right-wing voters
PoliticsGreek Politics-nationalist party that has been the main beneficiary of the souring mood on the right of the political... shifted their allegiances. Sixty pct said that they have switched because they feel their party has... so close to an electoral contest. ND has already displayed its concern about leaking votes
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Newsletter 422 - 26/04/2024
party that has been the main beneficiary of the souring mood on the right of the political spectrum... shifted their allegiances. Sixty pct said that they have switched because they feel their party has moved... that was just short of 62,000. The month has high seasonality due to the Easter holiday that boosts retail
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PM's target for EP elections is in sight, according to new polls
PoliticsGreek Politicsthat Prime Minister Kyriakos Mitsotakis has set as a target for the June 9 European Parliament elections... Kasselakis has returned to Athens after an eight-day tour of the Aegean islands, which gave... that broke out after the collision. Mitsotakis has previously dismissed such claims as conspiracy
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Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
EconomyMacroeconomy. As the year has progressed, it has become evident in the outlook of other organisations and the markets... 4.2 pct in 2023. It has only taken a few months for some of the government’s assumptions when
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Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln
EconomyMacroeconomyprogramme, which Greece has started repaying. An additional 130.9 billion relate to the second (EFSF...-summer 2015. Greece has already started repaid GLF and EFSF loans, having pre-paid two annual instalments... stayed unchanged at 16.9 years. Peak average maturity was 20.85 years in Q3 2019 and has been falling
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Lacklustre performance in EP elections raises key questions for mainstream parties
PoliticsGreek Politicsas expected, it has emerged battered and bruised from the contest with 28.3 percent of the vote, almost... modest gains over earlier opinion polls has bought the new SYRIZA leader some time. However, he faces... from the rest of his party that he has during the recent rally in the opinion polls. His campaigning
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PM set to avoid kneejerk reaction to poor EP poll result as centre left mulls next move
PoliticsGreek Politicshas no plans to hold elections before they are due in 2027. In this way, the ND leader sought... from within his party to adopt a more right-wing stance over the next three years. Mitsotakis has made... significantly on the government’s difficulties and SYRIZA internal wranglings has prompted some
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