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The two critical junctures the Greek economy will face by month’s end
When to expect a new exit in the markets, what do ratings agencies say about the upgrades of Greece
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19.05.2021 | 15:51
The Greek economy will bid farewell to May with two “tests” and the first is on May 21, when Moody’s announces its verdict for the evaluation of Greece, followed by a litmus test on May 26, when the Commission is expected to publish its conclusions on economy and budget, after the completion of the 10th evaluation.
Although no surprises are expected from the rating agency, the messages it will send on Friday will offer an idea of where things are going, and will also affect the possible improvements in the prospects to maintain the positive climate of foreign circles concerning Greece, opening a window for the country to enter the markets again.
The Greek economy will bid farewell to May with two “tests” and the first is on May 21, when Moody’s announces its verdict for the evaluation of Greece, followed by a litmus test on May 26, when the Commission is expected to publish its conclusions on economy and budget, after the completion of the 10th evaluation.
Although no surprises are expected from the rating agency, the messages it will send on Friday will offer an idea of where things are going, and will also affect the possible improvements in the prospects to maintain the positive climate of foreign circles concerning Greece, opening a window for the country to enter the markets again.