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Greece may regain investment grade in 2023

Location:

GREECE

Passage from speculative to investment grade (IG) would mark the end of the sovereign debt crisis besetting the country since 2009. The upgrade would lower government borrowing…

Greek debt deal will bring fresh elections soon

Location:

GREECE

The new programme will support recapitalisation of the banking system, allow orderly -- rather than fire-sale -- divestment of state-owned assets and promote liberalisation of the…

Without radical reform Greece will run up more debt

Location:

GREECE

Decades of fiscal deficits, not just recent indiscipline, piled up Greece's debt mountain

Terms of Greece's third bailout will depress economy

Location:

GREECE

In the absence of external funding, capital controls will remain. Banks will allow depositors to withdraw up to 420 euros (456 dollars)/week at one go rather than in daily…

Southern Europe faces long recovery after COVID-19

Location:

EU

The pre-pandemic state of many southern economies, embodied by high levels of debt and low growth potential, will make it more difficult for these countries to offset the…

Greek GDP growth in 2022 will rely on EU recovery aid

Location:

GREECE

The economic rebound from a 9% contraction in 2020 is mainly being driven by strong domestic demand supported by accommodative fiscal policies and higher-than-expected tourism…

Greece's Syriza will proceed grudgingly with sell-offs

Location:

GREECE

Greece's Memorandum of Understanding (MoU) with its international creditors assumes that privatisation proceeds will contribute significantly to the financing of Greece's third…

Risk of Greek euro exit has risen but is still small

Location:

GREECE

The prospects for Greek departure from the euro-area.

Anti-virus measures will hurt Greek economic revival

Location:

GREECE

In Greece, a country of 10 million people, 114 patients are in intensive care for COVID-19, of whom 35 are breathing through tubes (‘intubated’). The vulnerability of the…

External factors will slow Greek GDP growth next year

Location:

GREECE

The economy is on track to grow by 5.3% year-on-year in 2022, outperforming market expectations for the second year in a row. In a sign of its recovery, Greece left the EU's…