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
New obstacle for privatisations as court blocks sale of water firm
Greece’s highest administrative court has blocked the sale of the Athens water company, raising new questions about whether the government can meet its revised privatisation targets.
The Council of State ruled on May 25 against the privatisation of Athens Water Supply and Sewerage (EYDAP). In addition, the transfer of a 34.03 percent stake in EYDAP from the Greek state to the Hellenic Republic Asset Development Fund (HRADF) was bloc...
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