Displaying items by tag: Economy

A second term of New Democracy under the leadership of Kyriakos Mitsotakis is the best guarantee for Greece to stay on track with its fiscal and reform commitments. This is stated in a report by JP Morgan, in which it emphasizes that the Greek economy will continue to register strong growth rates, however, the recovery of the investment grade will not come earlier than next September. Regarding  Greek bonds, the analysts of the American bank do not recommend their purchase as they consider that they are overweight in relation to the current conditions in the market.

The Greek economy is going to pass through important milestones by the end of June despite the pause that has been "pressed" on government work due to the second elections.

A budget of more than 1.5 billion euros for extra interventions has been put aside by the government staff, which will be gradually start rolling out from the spring.