Economy of Greece

Why Moody’s didn’t upgrade Greece

Moody's proceeded to explain the reasons why it did not upgrade Greece's credit rating from Ba3.

In a new report, the rating agency says that further progress in reforms that will boost investment and growth, the rapid reduction of the debt ratio and the normalization of the banking sector are the factors that will "signal" the upgrade from the current Ba3 with stable prospects.

HDB – Hellenic Development Bank is now a member of EBAN

The Hellenic Development Bank-HDB is now participating as a new full member of the European Business Angels Network (EBAN), according to a relevant announcement.

The European Business Angels Network (EBAN) is the leading network of early stage investors in Europe, according to the announcement.

Editorial: Serious and well-structured leadership

No one any longer doubts that Greece has turned a page.

It has been confirmed by a series of events and developments, from a dynamic recovery, the robust funding that accompanies it, and the strong interest of foreign investors, to the high valuation of privatised enterprises and the oversubscription in bond issues of distinguished Greek shipping companies.