Fitch Ratings Maintains Greece at BBB-; Retains Stable Outlook
Fitch Ratings: Greece's ratings are supported by income per capita levels above and governance indicators in line with the 'BBB' median
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NEW BALANCE
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Fitch Ratings Maintains Greece at BBB-; Retains Stable Outlook -
Budget: Submitted with 12 benefits and reliefs, 2.3% growth and one-off aid at 1.9 million
Budget: Submitted with 12 benefits and reliefs, 2.3% growth and one-off aid at 1.9 million
Total of 1.1 billion in interventions for 2025 - Significant reduction of deficit and debt - Who will get up to €420 at Christmas
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COP29: International investment interest in Greece’s Offshore Wind Farms
COP29: International investment interest in Greece’s Offshore Wind Farms
According to a statement from HEREMA, The event took place on 14 November at the Greek Pavilion of COP29 and started with a fireside chat between Greece’s Deputy Minister of Environment and Energy Alexandra Sdoukou, Belgium’s Minister of Energy Tinne Van der Straeten and the CEO of WindEurope Giles Dickson, which was moderated by the Chairman of the HEREMA BoD, Rikard Scoufias.
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A Saffron Harvest Imperiled: Climate Change Threatens Greece’s Golden Crop
A Saffron Harvest Imperiled: Climate Change Threatens Greece’s Golden Crop
The once lush and vibrant saffron fields of Kozani are now showing signs of distress. Prolonged droughts, exacerbated by rising temperatures, have left the soil parched and cracked. The once reliable winter snows, essential for the plant’s hydration, have become increasingly scarce. These changes have disrupted the delicate balance that saffron requires to thrive.
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NBG After-Tax Profits Reach 983mln€ in 3Q 2024
NBG After-Tax Profits Reach 983mln€ in 3Q 2024
NBG CEO Pavlos Mylonas: In 3Q24 we delivered a solid set of financial results, with our strong capital position and highly liquid balance sheet remaining key comparative advantages
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NBG After-Tax Profits Reach 983mln€ in 3Q 2024
NBG After-Tax Profits Reach 983mln€ in 3Q 2024
“Growth in Greece remains strong, with GDP gaining momentum in 2Q24. Business has been leading activity so far, including sizable, fixed capital investment, with a strong labor market having followed suit. It is important to note that the solid fiscal performance results in further risk re-rating of the economy, increasing its attractiveness, despite the challenging external environment,” NBG CEO Pavlos Mylonas said in a released statement.
