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Moody's ups GGB rating by two notches, on par with S&P and Fitch
EconomyMoody’s upped on Friday night Greece’s credit rating by two notches to ‘Ba1’ with a stable outlook, coming on par with the other two leading rating agencies that had Greece one notch below the investment grade. Moody’s had not taken any rating action on Greece since November 2020 as finances were
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A varied set of views on China
Agoraare adamantly opposed to globalisation and, yet, they expect China, the par excellence beneficiary... to globalisation and, yet, they expect China, the par excellence beneficiary of globalisation, to help the Greek... of inferior quality to that of western goods. In short, while Greeks are not disposed negatively
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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Shortcomings in healthcare seen at forefront of austerity impact in Greece
Societycaused by its policies. This dismissal meets the criteria for denialism, which refuses to acknowledge
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Samaras strays out of line in search for new normal
Agoraattack. Speaking to the BBC on Wednesday evening, Front National’s Vice-President Florian Philippot drew
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IMF comments, blog leave no doubt credible debt relief has to be agreed soon
EconomyProgrammeAlmost two weeks after the publication of its Article IV consultation report on Greece, including its updated debt sustainability analysis, the IMF published on Thursday evening a blog with the Fund’s perspective on dealing with sovereign debt. The article is written by Sean Hagan, general Counsel
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Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
EconomyBankingof the synthetic securitisation of 1.9 billion euros of project Aurora, consisting of performing SME
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Feb budget primary surplus confirmed at 840 mln, as revenues overperform
EconomyMacroeconomyThe budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution d...
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Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data re...
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March budget primary balance short of target, but taxes continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...
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