Greek Economy

Greece has become the best choice for investment in emerging markets, said Marshall Stocker, co-head of emerging markets at Morgan Stanley. As Stocker stated on CNBC's Squawk Box, this was due to "the improvement in the economic institutions that the...

The international tourism industry is in relatively good shape, with high demand, despite rising prices, analysts have noted. Some economic forecasters predicted that the post-pandemic travel boom would start to slow down, especially with high-ticket prices. Thus far, however, demand...

Scope, the leading European provider for credit ratings, raised Greece's rating to investment grade on Friday. Scope upgraded Greece's long-term local- and foreign-currency issuer and senior unsecured debt ratings to BBB-, from BB+, and revised associated outlooks to stable, from...

The Japanese rating agency Rating and Investment Information (R&I) announced on Monday that it has raised the Greek economy rating to investment grade BBB-, with a stable outlook. The investment grade is considered a harbinger of new upgrades by rating...

On Wednesday, the United States Department of State released Investment Climate Statements, including a report on Greece. The Investment Climate reports offer valuable insights to US enterprises, enabling them to make well-informed business choices. The reports provide current and comprehensive...

Greece on Tuesday successfully completed a 15-year syndicated bond issue, raising 3.5 billion euros ($3.86 billion) at an interest rate of 4.45%. Bids submitted exceeded 13.4 billion euros, of which 11.6 billion in cash and 1.8% in bond swap. The Greek...

In May, the unemployment rate in Greece fell to 10.8% according to data released by the  Hellenic Statistical Authority on Friday. The newly released statistics are generally consistent with a trend toward lower unemployment in Greece over the past few...

On Friday, Goldman Sachs said that Greece is "on the cusp" of regaining an investment-grade rating more than 12 years after Greece's credit rating was impacted by the financial crisis. According to Goldman Sachs, the second-largest investment bank in the...

Greece is on the verge of a third economic megacycle irrespective of who wins the elections, Barclays Bank analysts forecast. The British multinational published a big report on Greece earlier in the week lauding the economic performance of Greece, which...

American credit rating agency S&P Global Ratings upgraded Greece’s sovereign credit rating outlook to positive on Friday. S&P affirmed Greece’s rating at “BB+”, that is one notch below investment grade, given also the uncertainty the upcoming general election generates. However its...