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Greece Wins Investment Grade From Standard & Poor’s

Greece's economy received a substantial boost late on Friday after Standard & Poor's upgraded its rating to investment grade for the first time since the country’s debt crisis in 2010. Standard & Poor's, became the first among the “big three”...

Fitch Upgrades Rating of Three Major Greek Banks

Credit ratings agency Fitch raised on Monday the credit rating of three major Greek banks: Eurobank, National Bank of Greece and Alpha Bank. Last Friday, the credit rating of Greece's economy was raised to one notch below investment grade. The...

Fitch Ratings Upgrades Greece to BB+ Outlook Stable IDR

Fitch Ratings upgraded Greece's Long-Term Foreign-Currency Issuer Default Rating (IDR) to "BB+" on Friday. The previous rating was "BB". The Outlook is now Stable. The news is positive for the Greek economy, which has been on a bumpy road since...

First Upgraded F-16 Jets Arrive in Greece

The first two of a total of eighty-three upgraded F-16 jets arrived at the Tanagra Airbase in Greece on Monday. The first two F-16 Viper jets will serve as pilot training aircraft. Greece hopes to receive at least six more...

Greek Economy Upgraded by S&P Global Ratings

The Greek economy got a vote of confidence by S&P Global Ratings on Friday which upgraded its debt rating to BB+. “The upgrade reflects our expectation of a continuous improvement in Greece’s policy effectiveness, while the fallout from the war...

Greek Parliament Boosts Efforts to Become Energy Efficient, Reduce CO2 Emissions

A two-year plan to improve the energy efficiency of Greece's Parliament building has been put up for bid as of November 15, it was announced on Monday. The Greek Parliament decided to boost its efforts to tackle its own contribution to climate...

Greek Schools to Obtain Superfast Broadband in Major Upgrade

The Greek Ministries of Education and Digital Governance announced on Monday that they will very soon initiate procedures to upgrade the internet connections of the country's schools, offering much higher speeds to every school unit in Greece. The upgrading work...

Greece Approves F-16 Fighter Fleet Upgrade

The Greek government has officially approved on Saturday the upgrade of 85 of its Air Force F-16 fighter jets. The decision was made at an extraordinary meeting of the Governmental Council for Foreign Affairs and Defense. The deal for the sale...

Tsipras: Cost of Greek F-16s Upgrade to Reach 1.1 Billion Euros

Alexis Tsipras defended his government’s decision to upgrade the Greek F-16 fleet in a speech to parliament about his recent visit to the U.S., and his meeting with President Trump. The Greek PM said that the cost of the upgrade...