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Moody’s Upgrades Greece by Two Notches to B3

Moody's ratings agency upgraded Greece's rating by two notches late on Wednesday to B3 from Caa2, saying the country will successfully conclude its third...

Bad Greek Mortgages Qualify for Partial Write-Offs

Thousands of bad mortgage loans in Greece could see part of the debt written off as banks try to evaluate how much debtors can...

Fitch Raises Greek Sovereign Debt Rating

Greece has seen an improvement in its sovereign debt score, with Fitch moving its rating up to 'B' from 'B minus'. The international credit rating...

Greece Will Keep €3B Privatization Promise, Says Official

Greece will maintain its plan to privatize many industries even after it leaves the bailout program in August this year. The Hellenic Corporation af Assets...

Greece Among World’s 10 Most-Miserable Economies

Greece has ranked sixth in a list of the world’s most miserable economies. The Bloomberg Misery Index compiles inflation and unemployment outlooks for 66 economies. The index...

Greece Returns to Markets with 7-Year Bond

Greece on Thursday returned to international capital markets with a seven-year syndicated bond through the launch of a book-building procedure. It is one of three...

European Report Claims Greek Economy Will Grow 2.5 pct

The Greek economy is expected to grow by 2.5 percent this year and in 2019, the European Commission said in its economic outlook estimates...

Greece ‘Postpones’ Launch of 7-Year Bond

Greece's finance ministry has decided to postpone the issuing of the seven-year bond scheduled for Tuesday due to the turbulence in international money markets. Reports...

Greece to Issue 7-Year Bond ‘in Next Few Days’

The Greek Finance Ministry has decided to issue a seven-year bond, aiming to raise €3 billion ($3.7 billion), in the next few days, possibly...

Greek Retail Sales Drop Affecting Supermarkets in November

Compared to other retail sectors, supermarket sales in Greece have been relatively unaffected all through the financial crisis. New data by the Greek Statistical Authority...

ECB Insists on Property Auctions Across Greece

An "effective auction system is an important part of the work" in cutting bad loans in Greece, the head of the European Central Bank...

S&P Raises Greece Rating to “B” Due to Improved Growth

Standard & Poor's Global Ratings on Friday upgraded Greece’s long-term sovereign credit rating by one notch to B from B- leaving it below investment...

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