The image of the Greek economy may seem attractive and healthy to a significant extent, but despite this there are still concerns about its course in the medium term. Those directly involved in its operation, bankers, businessmen, economists and economists, recognize that the old threats to public finances and public debt are and will be … Read more
As long as Greece continues its economic policies and commitment to fiscal consolidation, while successfully implementing the remaining reforms, there could possibly be an upgrade from Moody’s, he estimates in his interview with “Step” The Colin Ellisits Global Credit Strategist Moody’s Investor Service. According to the credit strategist, a higher rating could be supported by … Read more
“A decade ago, Greece was in the midst of a devastating debt crisis marked by years of austerity, hardship and turmoil. Now, officials and investors say 2024 could be the year its recovery finally completes.” He mentions the above in his analysis Reuters about the achievements of the Greek economy, stressing in its title that … Read more
As analysts had already discounted for a long time, the international rating agency Standard and Poor’s, late on Friday night (after the close of Wall Street), upgraded the outlook of the Greek debt to positive from stable, keeping the rating unchanged “BBB-“. This move brings closer to another upgrade for the assessment of the Greek … Read more
At a surplus of 2,954 million euros, the primary result on an adjusted cash basis was formed, against a target of a primary surplus of 2,133 million euros and a primary surplus of 3,079 million euros for the same period in 2023. According to the provisional data on the execution of the state budget, on … Read more
At the 9th Delphi Economic Forum, the Minister of Economy and Finance Kostis Hatzidakis, guest of Mr. Dimitrelis, director of capital.gr, spoke, stressing that “We will continue our serious and responsible fiscal policy”. Mr. Hatzidakis announced a total of 870 million euros in tax reliefs and reductions in 2025, which will result as follows: The … Read more
Giannis Stournaras sent a message of vigilance for the Greek Economy despite its positive performance, presenting today his annual Report as governor of the Bank of Greece during its General Assembly. As he specifically stated, “despite the continuous positive assessments of the Greek economy in recent years, the restoration of fiscal balance and the strengthening … Read more
Greece is now an attractive destination for investments, but the fact that the 45% of foreign direct investment was directed to the real estate market last year raises some concerns about the country’s ability to change its economic model, says Wolfgang Piccoli, co-president and Political Risk consultant at Teneo, in an interview with Vima. The … Read more
Before completing the first quarter of its life, the 21st century has already hosted some of the greatest crises in history. Crises that can only be compared to the Great Depression of 1929 and the “oil shock” of 1973-74. The bursting of the “dot com bubble” of 2000, followed by the Great Deleverage/Recession of 2007-2008, … Read more
“The possibility given through the TEKA to choose different investment tools, familiarization with the concept of risk and return, all these are important educational processes that our young people must gradually go through” said Prime Minister Kyriakos Mitsotakis at the event of the Ministry of Labor for the two years since the launch of the … Read more