ELEFTHERIA KOURTALI

Berenberg praises EU’s fastest-growing economy

Berenberg Bank commented on Greek bonds last week, pointing out that the declining spreads with major sovereign bonds in the eurozone reflect Greece’s strong growth story.

Demographic crisis mostly affects Southern Europe

Southern European countries face the most unfavorable demographic trends in the continent.

01.07.2024 / 13:18

QCM founder: Folli Follie convictions are a ‘victory for transparency’

The conviction of five top executives of jewelry maker Folli Follie for falsifying balance sheets and other financial offenses in an Athens court last week is “a victory for transparency and integrity in the financial markets,” the founder of the hedge fund that revealed the fraud told Kathimerini.

18.06.2024 / 23:20

‘Perfect storm’ lies ahead for the health system

Climate change will exacerbate the rise in health costs already expected due to an aging population, Allianz Research points out in a new report.

07.06.2024 / 09:52

Dividend payout ‘a milestone’

The return of Greek banks to distributing dividends to their shareholders is an important milestone for the sector.

11.05.2024 / 08:49

Forty million arrivals in 2028

Greece is projected to score new highs in tourism arrivals in 2024 and the coming years.

02.05.2024 / 22:35

Record profits and dividends

Last year proved to be a record one for the profitability of Greek listed companies, as well as a 16-year record for dividends to be distributed.

25.04.2024 / 08:42

Bond 11 times oversubscribed

Greece’s new 30-year bond created the second largest bid book since 2010, as demand exceeded 33 billion euros, covering the €3 billion raised 11 times, with the yield at 4.241% and the coupon at 4.125%.

24.04.2024 / 04:00

Issue of new 30-year bond

Armed by the surprise move from Standard & Poor’s last Friday, upgrading Greece’s outlook to “Positive,” the Public Debt Management Agency is on Wednesday set to make its second major market foray for 2024, with a new 30-year bond.

20.04.2024 / 11:54

Clouds gather over Greek economy

Storm clouds are gathering over the Greek economy, at a time when, apart from the domestic challenges, the strengthening of external geopolitical tensions is creating a new scenario of uncertainty.

31.03.2024 / 08:40

Important decade for Greek debt

The European Commission considers the period between 2025 and 2034 to be high-risk and critical for the sustainability of the Greek debt.

26.03.2024 / 12:19

Greece may issue another new bond next month

Greece’s next market foray with a new bond is possible as early as next month, according to estimates.

20.03.2024 / 14:45

Why Moody’s kept its rating

Banks and the country’s fiscal position are the factors that prevented Moody’s from upgrading Greece to investment status last week.

17.03.2024 / 23:47

Less growth, numerous risks

The Bank of Greece has lowered its forecast for this year’s growth to 2.3% from 2.5% and is fully aligned with the latest estimates of the European Commission, against the budget’s estimate for 2.9%.

16.03.2024 / 09:46

Greek bonds are already on A rating for markets

The markets “rate” Greek bonds in the “A” category, five notches higher than their current average rating of “BBB-”.