Report

The recovery of the Greek economy, once again, at the mercy of political and economic uncertainty

​ Greece has achieved substantial progress to restore fiscal and external balances, but too little has been accomplished in the area of reforms, so far, to improve global competitiveness, and counterbalance the effects of the austerity‐driven recession. Notwithstanding signs of a clear, but delicate, turnaround and the receding extreme downside risks, the macro and financial situation still remains fragile and challenging. It's not the first time that GDP is picking up, and that market conditions are improving. However, austerity, and, primarily, economic and political uncertainty are still weighing on a rather traumatized economic fabric, as the latest developments clearly show. Moreover, the probability of a return to the capital markets seems limited, as a result of, on the one hand, the fragile economic environment and the inability to restore credit solvency, and, high political risk, on the other.

Provider
Iniohos Advisory Services
Iniohos Advisory Services

​Iniohos Advisory Services is an independent investment research and consulting house, founded by investment professionals with long and in-depth experience in global financial markets.

Iniohos Advisory Services aims to provide top-end investment solutions to High Net Worth Individuals and institutional investors, ranging from proactive investment research to tailor made financial and risk modelling.

Our research covers the areas of investment and macroeconomic research, investment strategy and asset allocation, financial modelling and risk management.

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