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  1. Fitch rating upgrade seals Greece re-establishing itself as investment grade material
    Photo by MacroPolis

    Economy

    rating agency to award Greece an investment grade, upping the country’s rating to ‘BBB-‘, while... Moody’s did take a rating action in September, upping GGB rating to ‘Ba1’ with stable outlook... recognised by the ECB have awarded Greece the highest rating. The ECB recently endorsed Scope Ratings

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  2. S&P holds off on new rating upgrade, ECB holds key to investment grade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Although the rating review by S&P scheduled for last Friday had created some anticipation that a further credit rating upgrade could be on the cards, the rating agency did not publish a review, closing the year with a ‘BB’ grade and positive outlook. The agency had said during its latest rating

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  3. Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

    Agora

    Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

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  4. Moody's holds on rating update stressing need for reform
    Photo by MacroPolis

    Economy

    and Fitch earlier in August. However the rating agency held back from any action and did not update its rating for the country. This is not the first time that Moody’s has taken a more cautious... from the eurozone in question and as such would put downward pressures on the credit rating. It was six

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  5. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    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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  6. Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015
    Photo by MacroPolis

    Economy

    Fitch affirmed on Friday evening Greece’s rating at ‘CCC’, where it had been upgraded by one notch on August 18. The rating agency highlights that the risks to the programme remain high... with To Potami or PASOK. The rating agency notes that Q3 GDP contraction of 0.5 percent quarter

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  7. Greece's post-lockdown hubris
    Photo by MacroPolis

    Agora

    . Although opinion polls showed a consistently high approval rating – hovering around the 90 percent.... The failure to engage young people in safe behaviour has gradually dawned on policymakers..., led by Facebook, YouTube, and various messenger apps. As in most countries in the Reuters survey

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  8. Helped by trading gains, Eurobank posts 305 mln in Q1 profits
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions

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  9. Terms & conditions
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    material from this website (including republication on another site), store, sell, rent or sub-license material from the website, transmit, distribute, publish, show any material from the website in public, exploit material on this website for a commercial purpose, perform, "load ", translate, edit

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  10. S&P moves Greece further into investment grade with 'BBB' rating, stable outlook

    Economy

    This year’s cycle of rating reviews for Greece have stated strongly as S&P became the latest agency... agency that had Greece below the investment grade since the debt crisis. S&P based its rating upgrade... external imbalances were to improve, either through reduced imports reliance or a further material

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