News archive of June 2024

Global Leaders Applaud Biden's Bold Gaza Peace Plan

World leaders have warmly welcomed US President Joe Biden's new peace plan for the Gaza Strip. Hamas also responded positively to Israel's proposal to end the conflict.

Fitch affirms Greece at ‘BBB-’, maintains stable outlook

Fitch Ratings affirmed Greece's credit rating at "BBB-" with a stable outlook, maintaining the rating it had assigned six months ago when Greek bonds were elevated to investment grade.

The previous upgrade, following S&P's similar move in October 2023, facilitated the inclusion of Greek bonds in major international indices monitored by large institutional investors.

Greece goes green, but bets on US gas for the neighbors

When a withering financial crisis forced Greece to rethink its economy a decade ago, it bet big on green power​. Since then, Greece's energy transition has been so swift "it almost feels utopian​,"​ one Greek environmentalist said.

Energy in the spotlight as East Med Gas Forum meets in Athens

This week Greece hosted members of the East Med Gas Forum in Athens, where the focus was on existing and future gas projects in the region, the East Med's importance when addressing concerns over energy security in the broader region, decarbonization, and the green transition.

Polls predict ND dominance in European election

If the latest opinion polls are confirmed, there will be no big surprise on the night of June 9 regarding the distribution of the 21 seats available to Greece in the European Parliament.

Ruling New Democracy would elect seven to eight MEPs, versus three to four for SYRIA and three for PASOK.

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