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Sentiment unchanged in April thanks to services gains, consumer confidence also rises
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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
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ECB study finds Greeks overburdened by housing costs, most likely to miss payments
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Moody's leaves Greece's rating unchanged, one notch from investment grade
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Investment grade boost visible in strong demand for Greek assets
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Labour database shows 8 in 10 workers earn less than 1,200 per month
S&P ups outlook to positive, leaves rating at 'BBB-'
S&P published the latest credit rating review for Greece, where the rating was left unchanged at ‘BBB-‘, while the outlook was upgraded from stable to positive. S&P had granted the investment grade to GGBs in October last year, followed by Fitch in December.
The positive outlook reflects the expectation that the Greek authorities will continue on the tight fiscal framework that will lead to the declining debt-to-GDP ratio, and the growth outlook will continue to outperform eurozone peers.
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