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Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Economyunchanged, leaving the agency one notch behind S&P that has Greece at ‘BB+’ and two notches from investment grade. It is also one notch ahead of Moody’s that has its own scale and is currently at ‘Ba3’. Fitch last upgraded Greece in January 2020 by one notch, while the latest upgrade for the country came
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S&P leaves Greece a notch away from investment grade as outlook blurs
EconomyGreece had one rating upgrade by S&P in April to just one notch away from investment grade and one... goal of returning to the top rating. A few days earlier, Fitch left the rating at ‘BB’, which is one notch behind S&P and Moody’s last month also kept Greece at ‘Ba3’, which is one notch behind Fitch
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Macroeconomic fundamentals for Greece
Agorawill sort themselves out without the government careening from one edge of the pinball machine... not be directly observable. One needs proxies or a different way of thinking to see them. For instance, in managing the macroeconomy, one may talk about the level and growth rate of potential real GDP
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SYRIZA on defensive as election campaign draws to close
PoliticsGreek Politicsin one of the worst possible ways as one of its leading figures, and a former minister, Giorgos... in 2015 is one that the party has never been able to shake off and the ex-minister’s comments seemed... strategies is one of the reasons that New Democracy is entering the final days of the campaign
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Where are the Conservatives?
Agorathan one based on an ideological projection of being perceived as left, center-left, center-right... of them, without feeling any political pressure to sign up for one preference over another. Above... we have instead is a fusion of political streams that all have one thing in common: populism. All
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After Greece clambers back to investment grade, what lies ahead?
AgoraS&P confirmed last Friday most expectations and upgraded Greece by one notch to ‘BBB-‘ with stable... in speculative territory in April 2010, when S&P downgraded it to ‘BB+’ with a negative outlook, just one month... if the extent of the benefits from the upgrade to investment grade by one of the three leading agencies
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Newsletter 416 - 15/03/2024
into the crash and related matters, including one by a prosecutor in Larissa, central Greece... in defending his government's response to the crash, the one-year anniversary of which brought fresh... to 14.6 percent, up one percentage point from last month. While Mitsotakis played down the development
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Newsletter 429 - 28/06/2024
been mentioned as one of the figures that could possibly lead a new progressive grouping. The tone... approach which, according to one lawmaker, meant that legislation was written by the PM’s inner circle...’s aides, which one described as a government by PowerPoint lacking in substance. Another critic
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PASOK candidates set out their stalls as SYRIZA sinks further into mire
PoliticsGreek Politicsis one of the favourites to come out on top. His key rivals appear to be Athens Mayor Haris Doukas... as mayor of Athens. It should be noted that one of the strongest cards Androulakis had to play when he... of the need for PASOK to go through a “big bang”, transforming it from a party that is on the fringes to one
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As bank debate rages, ND's support slips further and PM loses economic adviser
PoliticsGreek Politicslooking for a new chief economic adviser after Alexis Patelis, one of the PM’s closest aides over the last... by one point since last month, to 24 pct. Backing for PASOK has edged up by 0.6 points to 15.9 pct... equality felt that Patelis, who reportedly married his male partner in London in 2009 and was one
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