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Standard & Poor’s Keeps Greece’s Credit Rating to B+

Standard & Poor’s (S&P) rating agency kept Greece’s credit rating at ''B+'' on Friday, following an upgrade made in July 2018, when the agency increased the country's rating by one notch. According to S&P, the outlook for the Greek economy...

Greek Inflation Rises by One Percent in November

Inflation, or the adjusted index of consumer prices, showed an increase of 1.1 percent in November over levels of a year ago, according to Greek Statistical Authority (ELSTAT) data  published on Monday. The average annual inflation rate for the period...

Greek Saffron To Reach Chinese Stores By 2019

Greek saffron, known as the "red gold" of the Greek nation, is expected to soon hit the Chinese market, landing on the shelves of Chinese shops by the start of 2019. Speaking to the state-run A.M.N.A., President of the Kozani...

Greece to Proceed "Soon" with Bond Swap Deal

Greece will soon proceed with a bond swap exercise worth 30 billion euros, a top Finance ministry official told the Athens News Agency (ANA) on Tuesday. With the swap plan, the Greek state aims to improve liquidity in the second...

Greece will Soon be Able to Access the Markets, Schaeuble Says

Greece is currently on a good path and, even though it has not fully overcome the problem, the more pessimistic forecasts of the critics were not borne out, outgoing German Finance Minister Wolfgang Schaeuble said in an interview due...

Tsipras Outlines His Version of a Greek 'Success Story' in TV Interview

Prime Minister Alexis Tsipras had an optimistic message to Greeks saying that the worst is over and that the end of program in 2018 will signify a new era for the country. In a live interview with Alpha TV, Tsipras...

Tsipras Hails Greece's Return to Markets; EU's Moscovici Urges Implementation of Reforms (video)

Greece sold debt to private investors for the first time in three years, an upbeat Prime Minister Alexis Tsipras hailed what he called a "special day." At his meeting in Athens with EU Commissioner Pierre Moscovici, Tsipras that “it is...

Greece Postpones Exit to Markets Until IMF Meeting

The Greek government decided to postpone testing the waters in the international money markets that was initially planned for Monday or Tuesday. According to press reports, Athens decided to cancel the issuing of government bonds until after the IMF’s Board...

Greece's Return to the Markets 'May be Imminent', Reuters Says

Greece could return to financial markets in the next few weeks, investors and bankers close to the discussions told Reuters. Greek finance minister Euclid Tsakalotos met with investors in London last month and one of those funds, BlueBay Asset Management,...

It Is Estimated that Greece Can Tap the Markets in Summer

Greece can participate in the European Central Bank's (ECB) quantitative easing programme even this summer, according to banking officials and financial analysts. As they said, Greece meets all its commitments with the voting of the omnibus bill in the...