By Tasos Dasopoulos In a murky landscape created by high inflation on both sides of the Atlantic, the start of interest rate hikes by the Fed, which will bring the ECB to the forefront of critical decisions, begins the successive assessments of the economy for Greece. Following the “exploratory”, first assessment of Fitch on January […]
Tag: Greek Economy
SYRIZA questions the government’s performance (and) in the Economy
By Niki Zorba He may not have focused on the public debt spike, despite the general concerns expressed by Alexis Tsipras from time to time, but for months now he has steadily put SYRIZA on a trajectory to challenge the government’s course for the Greek economy. He credits nothing positive to the government, even attempting […]
Gill (S&P): Greece’s upgrade in April is quite possible
The assessment that it is “quite reasonable the possibility” of upgrading the rating of the Greek economy by the end of April 2022, expressed a senior S&P analyst speaking to Reuters. In particular, in his statements to the agency, the chief analyst of S&P Frank Gill stated that Greece and Italy still have “protective reserves” […]
Government fleeing forward, with economy, investment and tax breaks at the forefront
Of Dimitris Gatsiou In anticipation of the next wave of political conflicts, the forerunner of which was the three-day debate in Parliament on SYRIZA’s motion of censure, the government is completing the puzzle of the next day’s strategies. As, in fact, it becomes evident from the public interventions and visits of Kyriakos Mitsotakis, at the […]
IOBE: Ten new measures for the development of the second Pillar of Insurance
of Dimitris Katsaganis The capital reserves of the professional funds could reach 10% of GDP, while accordingly, it is estimated that GDP can be higher by up to € 2.7 billion per year, in real terms. This is reported by an IOBE study on “Occupational insurance in Greece: Challenges and prospects”, which was conducted on […]
S&P Global Ratings: The upgrade of Greece is possible, the outlook remains positive
S&P Global Ratings does not expect significant changes in the credit ratings of European countries for 2022, citing the 23 “stable” outlooks in the developed European economies, with Greece, however, remaining on a path for an upward revision “if the structural reforms continue in combination “with strong economic recovery and improved budget performance,” he said. […]
Chr. Staikouras: The big picture of the Greek economy is better than in the past
Better than in the past today is the “big picture” of the Greek economy, as last year the 2020 contraction was covered, as noted by the Minister of Finance Christos Staikouras, during his speech at the meeting of the Board of the Thessaloniki Chamber of Commerce and Industry (CCCI). For 2022, the minister spoke of […]
Chr. Staikouras: We have created the conditions for Greece to enter a development trajectory
“After almost two years of demanding” struggle “with the pandemic and its complex, multifactorial effects on society and the economy, we managed to cover, to a large extent, the losses of 2020, while creating the conditions for our country to enter a path of strong and sustainable development “. This was stated by the Minister […]
Chr. Staikouras: The budgetary cost of reducing VAT on some goods is high
The government has shown rapid reflexes and will continue to do the same if conditions so require, Finance Minister Christos Staikouras said, referring to possible measures to support households and businesses in the face of the pandemic and inflation. Speaking to ERT, however, the minister stressed that every decision should be taken based on the […]
Fitch: Upgraded Greece’s outlook, rating on ‘BB’ stable
LAST UPDATE: 01.10 The American rating agency Fitch kept the credit rating of Greece unchanged at the “BB” level, while upgrading the outlook to “positive” from “stable”, according to the report that was published late on Friday night. Fitch, opening the cycle of our country’s ratings for 2022, points out that the strong dynamics of […]
