![Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive](https://cdn.pagenews.gr/wp-content/uploads/2024/06/money-7269551_1280-200x145.jpg)
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
The international ratings firm raised Greece to investment grade in early August 2023
The risks surrounding the Bank of Greece's forecasts for the growth of the Greek economy include, among others, the potential worsening of the geopolitical crisis in Ukraine and the Middle East and the consequent impacts on the international economic environment.
These hikes in fuel prices have not only caused headaches for drivers but also affect fuel station owners, as consumers in Northern Greece prefer to purchase cheaper gasoline from Bulgaria and Turkey
The increase in private consumption accelerated faster than anticipated, rising by 1.4% quarterly in the last quarter of 2023, while exports also provided an upward surprise, recording a 0.4% increase
The plan to restructure the road tax is expected in March and stems from the dual concern of reduced tax revenues from EV cars as well as the need to get old, polluting cars off Greece's roads
With the passing of the law in Parliament on Wednesday, he added, Greeks abroad and at home will be able to participate in the European elections with a postal vote, while he stressed that this was passed with the exclusive support of ruling New Democracy MPs. He also suggested that the "initial consensus" by main opposition SYRIZA-Progressive Alliance and opposition PASOK-KINAL had not been genuine, as they finally withdrew their backing for the bill.