Greece’s Economic Outlook: Key Evaluations and Financial Needs for 2025
The Greek economy is set for evaluation by various rating agencies within the first half of 2025, with hopes for potential upgrades amidst existing uncertainties. The country has announced limited funding needs of €8 billion for 2025 and plans to issue new bonds soon. Meanwhile, large corporations are reportedly shifting profits to subsidiaries in lower-tax jurisdictions, highlighting a significant issue in global tax avoidance. Additionally, a debt restructuring plan for municipalities is due by January 31, 2025, offering significant reductions in fees and surcharges.