Moody’s upgrades Greece’s rating by two notches
Now the next “signature” dates for the Greek economy will be October 20, when the second rating from Standad & Poor’s will be announced, and December 1 – the third rating from Fitch.
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English Edition
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Moody’s upgrades Greece’s rating by two notches -
Greece is winning the tourism bet for 2023
Greece is winning the tourism bet for 2023
Greece is winning the tourism bet for the 2023 season, sector representatives said in statements to the Athens-Macedonian News Agency (ANA-MPA), adding that the tourism receipts of 18.2 billion euros recorded in 2019 will be surpassed.
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Prime Minister Mitsotakis outlines government priorities in TIF speech
Prime Minister Mitsotakis outlines government priorities in TIF speech
Greece was faced with an unprecedented situation. In a period of two weeks it experienced serious wildfires followed by extended floods, Prime Minister Kyriakos Mitsotakis said at the beginning of his speech at the 87th Thessaloniki International Fair (TIF) on Saturday.
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Environment Min.: Thessaly received 8 bln tons of water in the storm, more than a millennium storm
Environment Min.: Thessaly received 8 bln tons of water in the storm, more than a millennium storm
Explaining the factors Greece currently faces, Skylakakis said that:
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BoG governor warns commercial banks of difficulties ahead
BoG governor warns commercial banks of difficulties ahead
Addressing the Eurofi Forum in Santiago de Compostela, the central banker said that "commercial banks must be prepared for a more adverse banking and macro-economic environment because of the tighter monetary policy".
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Athens-Thessaloniki National Road reopens to traffic; no trucks over 3.5 tons
Athens-Thessaloniki National Road reopens to traffic; no trucks over 3.5 tons
Artopios said that lanes in both directions are open to cars, and to trucks up to 3.5 tons.
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Moody’s raises Greece’s ratings two notches, to Ba1 from Ba3 – stable outlook
Moody's raises Greece's ratings two notches, to Ba1 from Ba3 - stable outlook
The rating agency also upgraded the LC senior unsecured ratings to Ba1 from Ba3, and the FC senior unsecured shelf and MTN programme ratings to (P)Ba1 from (P)Ba3. The FC other short-term rating has been affirmed at (P)NP. The outlook has been changed to stable from positive.
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2nd Piraeus Gastronomic Festival: “seafood and more”
2nd Piraeus Gastronomic Festival: “seafood and more”
The PIRAEUS TASTE FAIR will be held in Pasalimani from Friday 22 September to Sunday 1 October, opening on Thursday 21 September at 7:30 pm.
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The number of people wishing to obtain golden visas in Greece has increased by 152%
The number of people wishing to obtain golden visas in Greece has increased by 152%
Last year there were 4,365 applications, equivalent to an investment of €1.09 billion. In 2023, in its first five months, Greece’s residence-for-investment scheme has already boosted the economy by almost €1 billion.
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Acropolis Named One of Top 10 Most Beautiful World Heritage Sites
Acropolis Named One of Top 10 Most Beautiful World Heritage Sites
Topping the list was India's Taj Mahal, with nearly 2.4 million hashtags. This 17th-century mausoleum continues to be a popular destination for travellers exploring Asia.
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Evacuation and restoration operations continue in Thessaly following disaster flooding
Evacuation and restoration operations continue in Thessaly following disaster flooding
According to Greek authorities, the situation continues to be difficult for the inhabitants of Volos, the capital of the regional unit of Magnesia, who are still without drinking water. According to scientists, tap water in the coastal city is still unsafe to drink.
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Residents of heavily flooded regions will receive urgent aid automatically, minister says
Residents of heavily flooded regions will receive urgent aid automatically, minister says
The staff of the Climate Crisis and Civil Protection ministry and the Independent Public Revenues Authority (AADE) is working on the automated process to ensure those in all areas affected by the 'Daniel' storm receive the funding as soon as possible.
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HRADF declares GEK Terna as preferred investor in tender for Attica Motorway
HRADF declares GEK Terna as preferred investor in tender for Attica Motorway
HRADF also announced that the consortium of Vinci Highways SAS-Vinci Concessions SAS-Mytilineos SA-Mobility Partner SAS as substitute preferred Investor, having submitted a financial offer of 3,106,000,000 euros.
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Greece has adequate supplies of natural gas for winter, deputy energy min says
Greece has adequate supplies of natural gas for winter, deputy energy min says
At the Energy Security Conference (September 13-14), Sdoukou said that the assessment was based on a threat evaluation by the Regulatory Authority for Industrial Waste, Energy, and Waters, which in turn was based on simulation projections.
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Eva Kaili returns to the European Parliament for the first time after Qatargate – See the photo
Eva Kaili returns to the European Parliament for the first time after Qatargate - See the photo
It is noted that Kaili's request to return to the proceedings of the European Parliament was approved at the beginning of June.
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FM Gerapetritis meets Asselborn, calls for European strategy on migration
FM Gerapetritis meets Asselborn, calls for European strategy on migration
Gerapetritis noted that Greece is on the front line of migration, due to its geographical position, and bears a disproportionate share of the migration burden. He noted that migration and refugee flows will not stop as wars and inequality will always encourage the movement of populations seeking safety and a better future.
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Bulgarian ambassador on bilateral Sea2Sea project as an alternative route to the Bosphorus & Dardanelles
Bulgarian ambassador on bilateral Sea2Sea project as an alternative route to the Bosphorus & Dardanelles
Bulgaria is this year's honored country at the 87th Thessaloniki International Fair (TIF) which opened on Saturday and an annual event his country has been attending since it first opened in 1926
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Economist Conference: Interventions and emergency measures in infrastructure after ‘Daniel’ storm
Economist Conference: Interventions and emergency measures in infrastructure after 'Daniel' storm
The specific project is the first of three axes on which the government must act with "speed, safety and a plan", the minister pointed out.
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Bankers meet with FinMin, announce measures for flood victims in Thessaly; IBAN for state aid donations
Bankers meet with FinMin, announce measures for flood victims in Thessaly; IBAN for state aid donations
The minister added that he had also met earlier with the Union of Greek Shipowners and requested their help in managing the repercussions of the crisis.
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Ministry to table supplementary budget of 600 mln euros due to Daniel storm repercussions
Ministry to table supplementary budget of 600 mln euros due to Daniel storm repercussions
In statements to the television station, Hatzidakis said that 450 million euros of the total would be earmarked for state aid and 150 million euros for farmers.
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DBRS upgrades Greece’s credit rating to investment grade; FinMin welcomes upgrade
DBRS upgrades Greece's credit rating to investment grade; FinMin welcomes upgrade
DBRS (DBRS Morningstar) also upgraded Greece's short-term foreign and local currency issuer ratings from R-3 to R-2 (middle), with a stable outlook. It is the first of four rating agencies recognized by the European Central Bank to raise Greece's rating to investment grade after 13 years.
