Latest News for: Greek debt


ATHEX: Bourse stays on its growth course

Ekathimerini 29 May 2023
The peaceful conclusion of the Turkish elections and of the debt limit standoff in the US allowed European stocks to recover and the Greek bourse to extend its recent gains on Monday ... .

How did Greece go from bankruptcy to economic growth? | Counting the Cost

The Daily Telegraph Australia 27 May 2023
The economy is recovering after a decade-long debt crisis, but are Greeks feeling the benefits? ....

The best ways to save for your children – and avoid a tax bill

The Daily Telegraph 27 May 2023
There are plenty of options out there for parents to get started, from investing to traditional cash savings ... If you’re starting from day one, i.e ... Now read ... SAVINGS TAX CALCULATOR ... “You are beating inflation, and this growth takes into account Greek debt, the Chinese slowdown, the trade war between US and China, Covid-19, and the Russia-Ukraine war.”.

Greece’s bonds trade as if investment grade already achieved

Ekathimerini 27 May 2023
Greek bonds are already trading as though the country has regained investment grade, bank analysts that deal with Greek government debt told Reuters on Friday, with the news agency reporting that investors consider Greece’s return to investment-grade credit ratings “a done deal.”.

Analysis: Investors bet Greek bonds have shed 'junk' credit rating

Reuters 26 May 2023
Greek borrowing costs fall to historic low vs ItalyNew government seen as final step to investment-grade ratingsMarkets already price Greek debt as investment-grade - analystsFirst credit rating upgrade could come in October ... It would make Greek debt eligible for government bond ...

Greece, a champion in debt slashing

Ekathimerini 26 May 2023
Moody’s projects that Greece will post one of the largest debt reductions internationally over the next few years, stressing that the sustainability of the Greek debt is already at a much better level than that of Italy (which is rated investment grade) and will continue to be.

Greece’s Economy Is on the Mend. What the U.S. Can Learn From Its Revival.

Market Watch 26 May 2023
The likelihood of a Mitsotakis majority sent stocks and bonds surging in the past week, with spreads narrowing between yields on Greek government debt and a German benchmark, as markets focused on the prospect of Greece’s return to an investment-grade credit rating.

Greek bonds trading as though they already have investment grade - Reuters

Greek City Times 26 May 2023
Bank analysts that deal with Greek government debt told Reuters on ...

Eurozone yields set for weekly rise on repricing of ECB rate hikes

Ekathimerini 26 May 2023
... $31.4 trillion debt ceiling for two years ... Greek bond prices were roughly in line with the broader market after jumping on Monday as the election outcome boosted expectations that the country will go on with its policies of supporting economic growth and reducing debt.

Only way is up for securities

Ekathimerini 24 May 2023
The Greek bond and stock markets ... For investment firms in general, the news will boost the outlook of Greek stocks and bonds ... GDP growth, a drop in the public debt and an investment rate recovery will bolster Greek shares and help ATHEX return to the realm of developed markets.

Lessons from the crushing blow to center-left politics in Greece

Taipei Times 24 May 2023
The runner-up was former Greek ... For Syriza, the high of the 2015 electoral triumph at the peak of the eurozone’s financial crisis was quickly tempered by the imposition of loans from Greece’s creditors that demanded huge sacrifices by Greeks to control the country’s spiraling debt.

Greece: First-round Election Result is Credit Positive, Reducing Policy Uncertainty

FX Empire 24 May 2023
Greek public debt is still elevated, at 171% of GDP at the end of 2022 although below the peak of 206% in 2020 ... But in financial markets, the spread on Greek debt to Germany has fallen to about 140bp from 295bp last October; and a record 46bp below that of investment-grade-rated Italy (rated by Scope BBB+/Stable Outlook).

Without a Hint of Irony Over Ukraine, Putin Rages Against Countries That Meddle in Other States

NBC Bay Area 24 May 2023
Vladimir Smirnov . Sputnik ... Get a weekly recap of the latest San Francisco Bay Area housing news ... Afp ... isn't the only country with a debt ceiling. Here's how Denmark avoids the drama Greek stocks have climbed 40% over the last year — as the country shakes off 'problem child of Europe' label Subscribe to the CNBC YouTube Channel ... .

Greece bond yields fall after ruling Conservatives win general election

Ekathimerini 22 May 2023
Analysts said that given the European financial support and the current low cost of debt, the Greek government could significantly reduce the debt-to-gross domestic product (GDP) ratio, which would be crucial for Greek debt to regain the long-awaited investment grade status.

The ruling party in Greece wins the elections, but without a majority

The Eastern Herald 22 May 2023
The Greek Interior Ministry predicted that the New Democracy party would win 145 out of 300 seats in parliament, less than an absolute majority of six seats. From Monday, Greek President Katerina Sakellaropoulou will give the three major parties, New Democracy, Syriza and the socialist party PASOK, three days each to form a coalition government.

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In this photo released by an official website of the office of the Iranian supreme leader, Supreme Leader Ayatollah Ali Khamenei speaks in a meeting in Tehran, Iran, Friday, July 23, 2021
AP / Office of the Iranian Supreme Leader