Greece submits a draft budget to Parliament while aiming to reduce its debt below Italy's level, amidst S&P Global review.

The entities involved

• Greece →

  country in Southeast Europe

  • A Greek company placed orders with a Dalian yard, leveraging Dalian as a key transportation hub.06:04
  • Greece has been appointed as a non-permanent member of the United Nations Security Council.00:26
• Italy →

  country in southern Europe

  • The Italian government, led by Giorgia Meloni, deployed soldiers to Milan in response to ongoing civil unrest.05:52
  • Meloni's government enacted a security decree while a Telegram group was created in Milan.05:52
• S&P Global →

  American publicly traded corporation, formerly McGraw Hill Financial, Inc

  • The ongoing Middle East conflict is adding risk to the overall economic outlook, with specific signals noted in the manufacturing growth of Germany and economic recovery in France.Fri 14:19
  • S&P Global data indicates growth momentum in the UK PMI, leading to a hawkish stance from the Bank of England.Fri 11:57

Related events

• Greece's debt crisis is impacting European stability, leading to demands for austerity and tax increases from Germany.Oct 18
• New data indicates that France has a higher deficit than both Greece and Italy.Sat 18:18
• Fiscal concerns spread from France to Italy and Greece, while US rate hikes challenge Bank of Japan policy.Oct 11
• A Commission report highlights poverty gaps and wage recovery disparities among several European countries, including Greece, Portugal, Bulgaria, Romania, Finland, and Italy.Oct 17
• Greece's inflation rate is currently tracking below the EU average, a topic Akis Skertsos has addressed regarding Greece' budget policy.Sep 21