Greece's Recovery From the Debt Crisis

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Greece still has a high-step ratio in the Eurozone, but it has significantly reduced it. The next big development would be if the global ratings agency decides to upgrade Greece's rating from junk to investment grade. Even though Greece's numbers now look really good, we should not forget that Greece went through three austerity programs and that had left a mark on the country.

Ford plans to reduce its future investment in China, and prominent investors are upset with the record number of share buybacks. Plus, the FT’s Eleni Varvitsioti explains that Greece’s economic recovery has come at a cost to some of its citizens.

Mentioned in this podcast:

Ford to scale back China investments amid EV competition from local rivals

Greece’s ‘greatest turnround’: from junk to investment grade

Record buyback spree attracts shareholder complaints

Krispy Kreme boss shrugs off UK’s tightening anti-obesity rules

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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