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
Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Greece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months of 2014 from a primary deficit of 306 million last year, according to the final figures released by the Ministry of Finance (MoF) on Friday.
The state budget deficit to April narrowed by 52.8 percent to 1.15 billion euros. Both headline figures show a marginal deviation of just 2 million compared to the preliminary data published on May 13.
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