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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece 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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Moody's keeps rating unchanged at 'Baa3' - outlook stable
EconomyMoody’s left Greece’s rating and outlook unchanged on Friday, keeping them at ‘Baa3’ and stable... rating unchanged. Earlier in the year, in March, Moody’s was the final leading agency that granted GGBs... upped Greece’s rating by one notch to ‘BBB’ with stable outlook, taking one step further
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Moody's holds on rating update stressing need for reform
Economyand 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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Fitch rating upgrade concludes another successful year for GGBs
EconomyFitch upgraded Greece’s rating by one notch to ‘BBB’ with a stable outlook. The upgrade reflects... on the rating. A key driver of the upgrade is Greece’s sustained debt decline. Fitch projects gross... control, contrasting with the median ‘BBB’ deficit of 3.7 pct. Even with the modest fiscal easing
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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
EconomyS&P raised on Friday its credit rating for Greece by one notch, taking it to ‘BB-’, and kept its.... With a positive outlook, S&P is ahead of the other two rating agencies, whose outlook is stable. S&P highlighted in April, when it kept its rating unchanged, that certain conditions will need
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S&P lowers Greek long-term rating by one notch to CCC-
Economyrating action) of Greek banks’ liquidity, which led to the imposition of capital controls. That said...S&P lowered on Monday Greece’s long-term rating by one notch to ‘CCC-‘ from ‘CCC’ with negative outlook. Greece’s rating by S&P is now the lowest among the rating agencies with Fitch’s rating at ‘CCC
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Moody's explains cautious approach to Greek credit rating upgrade
EconomyContrary to the expectations that it might upgrade Greece’s credit rating during a scheduled update... and the outlook positive. Moody’s closes this round of credit rating reviews for Greece, which started... is well behind the rest of the rating agencies at their ‘B-‘ equivalent. The first to upgrade Greece
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S&P acts in wake of ECB decision and downgrades Greek rating to B-
EconomyS&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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Fitch upgrades Greek rating to B-, sees debt sustainability improving
EconomyFitch on Friday became the latest agency to upgrade Greece’s long-term credit rating, raising... of arrears to the private sector that will support domestic demand in the near term. Greece’s rating... the high volume of non-performing exposures (NPEs). The rating agency sees the recent improvements
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyOn Friday, Fitch became the latest leading rating agency to publish a rating review for Greece, keeping the rating unchanged at ‘BBB-‘, the first step of the investment grade, while the outlook... further into investment grade and Moody’s granted the investment grade in mid-March, with all rating
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