High participation rate helps bond swap tick box
Greece continues debt management with swap of bonds worth 30 bln
Retail sales continue their rise in July as consumer confidence improves
Rating agencies concur in improved prospects for Greece
Fitch upgrades Greek rating to B-, sees debt sustainability improving
Greece completes first bond issue in three years, eyes more on way out of programme
IMF recognises Greek 2013 surplus, sees less burdensome financing needs
In its updated Fiscal Monitor report published on Wednesday, the International Monetary Fund confirms Greece achieved a general government (gg) primary surplus of 1.5 percent of GDP in 2013.
In October 2013, the IMF forecasted a zero primary balance for Greece. “Greece met its primary surplus target with a substantial margin,” the IMF said.
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