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Rating agencies concur in improved prospects for Greece
Economy, upping the rating by one notch to ‘Caa2’ with an improved outlook from stable to positive... both credit rating by one notch to ‘B-‘, and the outlook to positive from stable. The latest activity brings two of the ratings agencies, S&P and Fitch, ahead in their ratings by one notch. Moody’s
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Energy, defence high on agenda as Tsipras prepares for US visit
PoliticsForeign Policyof defense and economy. The Greek side is seeking to bring back at least one significant US... to maintain strong relations with a stable ally in the Southeastern Mediterranean region. This is one... issue is mainly a European one. Athens, though, wants to seek US support in its efforts to show
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Trust in Greek banking system shaky, survey suggests
EconomyBankingto withdraw their savings. The same was true for 73 percent of those with high incomes. Fifty one... knew that it was possible to withdraw this entire amount in one go. Only 57 percent of businesses surveyed were aware that they could not freely transfer money overseas, while only one in four
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Review gathers pace as mission chiefs prepare for Athens return
EconomyProgramme. It is estimated that at this stage, around 20 of the 95 prior actions have been ticked off. One.... The two sides have reportedly agreed that the Melitis power station in Florina will be one... of the 95 prior actions, they could prove one of the tougher nuts to crack. Apart from the sale
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US view on Greece proving constant amid change
Agorathat has frequent bouts of instability and uncertainty. It is going through one of those periods... policy. This was one of the things that Washington has repeatedly tried to point out to European... commend Greece for being one of the few NATO countries currently spending at least 2 percent of GDP
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Array of centre-left leadership candidates edge towards watershed vote
PoliticsGreek Politics(“Fofi”) Gennimata is the one to beat, being the leader of PASOK and the Democratic Alliance... Gennimatas, a political heavyweight and one of the founding members of the party, her first national... was one of the most prominent supporters of the “Yes” campaign in the July 2105 referendum. While he
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Pandora's box ajar for Turkey and Greece?
AgoraErdoğan's visit to Greece was the first in 65 years after one of the founding fathers of the Turkish... to Ankara. According to Turkish press reports on November 22, one of the key targets of the visit... right before the visit. One of President Erdoğan's frequently cited mottos these days is: "We might
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Check, please: How much Alexis Tsipras's first months cost Greece
Agoraand 2020, mostly to appease the fiscal concerns of the International Monetary Fund. Fast forward one year... was the one that managed to take Greece out of the MOUs, albeit with a delay. However, can Greece’s prime... by 0.7 percent that year. In Q3, it expanded by 1.3 percent compared to the previous year, which was one
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Newsletter 145
with the number of coalition MPs, but one of those votes came from an independent lawmaker, Theodora Megalooikonomou, who previously represented the Union of Centrists. Her vote made up for the one lost... significant of those was one introducing jail sentences of up to 6 months for anyone obstructing
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Pensions continue to be main source of income for half of Greek households
Societyfall into the category of long-term unemployed. One in five households has a member who gets paid... the other responses remained broadly in line with recent years. Almost one fifth (19.6 percent) of households had one member with overdue tax obligations. For the coming year, one in four households
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