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Greek economy

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  • Friday, 8 September, 2023
    Greece debt crisis
    Greece credit rating raised to investment grade for first time since debt crisis

    DBRS Morningstar’s upgrade expected to lead to a series of similar upward revisions from junk status

    Greek flag flutters by the hand of a statue
  • Monday, 22 May, 2023
    Sovereign bonds
    Yield on Greece sovereign debt falls to lowest level against Italy for 24 years

    Greek bond prices surge on PM Kyriakos Mitsotakis’s election victory

    A woman walks past displayed newspapers in Athens
  • Sunday, 21 May, 2023
    Greek politics
    Greek PM Mitsotakis routs rivals in parliamentary election

    Ruling New Democracy unexpectedly increases share of vote but falls short of outright majority

    Incumbent Kyriakos Mitsotakis addresses New Democracy supporters on Sunday evening at the party’s headquarters in Athens
  • Saturday, 20 May, 2023
    Greece
    Bets against Greek bonds hit highest level since 2014

    Investors’ nerves mount over the possibility of political paralysis after this weekend’s election

  • Friday, 19 May, 2023
    Europe Express
    Economic situation takes centre stage at Greek elections Premium content

    Also in this newsletter: floods in northern Italy make stark the impact of climate change, again

    Employees prepare ballot papers for distribution to municipalities in Attica region and consequently to polling stations at a warehouse in the Athens area
  • Wednesday, 17 May, 2023
    Eleni Varvitsioti
    Yanis Varoufakis is back — and he has a plan

    The leftwing former Greek finance minister is making waves ahead of Sunday’s elections

    An election poster of Yanis Varoufakis, in Athens, Greece
  • Tuesday, 16 May, 2023
    The FT ViewThe editorial board
    Greece’s economic revival is still a work in progress

    Athens’ rise from the debt crisis is impressive but the next government must build on it

    Shoppers in central Athens
  • Sunday, 14 May, 2023
    News in-depth
    Greece’s ‘greatest turnround’: from junk to investment grade

    After more than a decade of bailouts and painful austerity measures, the country has rebounded

    Tourists at the Areios Pagos Hill
  • Tuesday, 7 March, 2023
    InterviewEurozone economy
    Greece months away from investment-grade rating, says central bank chief

    Bank of Greece head Yannis Stournaras adamant 2023 will be the year when the country consigns its junk status to history

    Yannis Stournaras
  • Thursday, 2 March, 2023
    Europe Express
    Greece was warned about its railway standards 15 days before fatal crash Premium content

    Also in today’s newsletter: the EU’s energy-crisis support funds didn’t go where they were most needed

    Firefighters and rescue crews work to extricate passengers from trains after a collision near Larissa city, Greece
  • Tuesday, 24 January, 2023
    Megan Greene
    Greece must show robust data matters and stop persecuting Georgiou

    The country should not forget the need for strong and independent institutions in its dash for growth

    Andreas Georgiou (L) speaks to the press as then Greek finance minister George Papaconstantinou looks on, in Athens in 2010
  • Monday, 5 December, 2022
    Cheap loans set to give young Greeks a shot at a home of their own

    Government programme will offer mortgages for as little as 1% to address an affordability crisis

  • Wednesday, 10 August, 2022
    Greece debt crisis
    EU to end scrutiny of Greek economy after 12 years of turmoil

    Nation was plunged into debt crisis and bailout programme after global financial crash

    The EU and Greek flags near the Acropolis in Athens
  • Sunday, 30 January, 2022
    News in-depthGreece
    Access to EU recovery funds gives Greek companies a chance to compete

    Athens finalises innovative scheme that will lower the cost of loans for many businesses

    New housing south of Athens
  • Sunday, 12 December, 2021
    Greece debt crisis
    Greece to make push for ECB to keep buying its bonds

    End of pandemic emergency purchases risks leaving Greek junk bonds without European support

    Exterior of the Bank of Greece
  • Tuesday, 19 October, 2021
    News in-depth
    Piraeus port deal intensifies Greece’s unease over China links

    Beijing cements control of key EU infrastructure but locals say they have not seen the investment they expected

    Xi Jinping, left, China’s president, with Greek PM Kyriakos Mitsotakis at Piraeus port in November 2019
  • Friday, 13 August, 2021
    Greece
    ‘We were at God’s mercy’: islanders count cost of Greek wildfires

    Lives and livelihoods destroyed as conflagrations rage across southern Mediterranean

  • Friday, 25 June, 2021
    Greece
    Greece finally starts work on €8bn Athens ‘riviera’

    Delayed for seven years, Hellinikon real estate project seen as critical for country’s post-pandemic recovery

    Hellinikon’s mayor on a hill overlooking the former Athens airport in May 2021
  • Tuesday, 22 June, 2021
    News in-depth
    Greece struggles to find tourism workers due to risk of more lockdowns

    Worries about the return of Covid restrictions deter staff and threaten economic recovery

  • Monday, 14 June, 2021
    Sovereign bonds
    Greek 5-year bond yield turns negative for first time

    Investors head in to riskier European debt confident that eurozone’s central bank has no plans to taper support

    Athens skyline
  • Thursday, 15 April, 2021
    EU fund gives ‘Greece 2.0’ chance to reset economic model

    Brussels to scrutinise Athens’ rebuilding plan in wake of financial crises and pandemic

  • Sunday, 28 March, 2021
    News in-depthEuropean economy
    European tourism: ‘With another lost summer, many businesses will disappear’

    Industry battles for survival as slow vaccine rollout threatens to delay reopening

    A family on Paguera beach on the Spanish island of Mallorca in March 2021
  • Wednesday, 17 March, 2021
    Greece sells first 30-year bond since 2008 financial crisis

    Robust demand highlights brightening fortunes for once-embattled eurozone borrower

    Tomb of the Unknown Soldier in Athens
  • Monday, 25 January, 2021
    Greek politics
    Greece to buy squadron of Rafale jets from France

    €2.5bn deal marks one of Athens’ first major defence purchases since financial crisis

  • Wednesday, 2 September, 2020
    Greece debt crisis
    Greek debt sale ‘bodes well’ for busy eurozone issuance

    Athens taps market after 10-year borrowing costs hit record lows last month

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