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 gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP
Greece’s general government debt slipped by 3.9 billion euros quarter on quarter to 314.8 billion euros, or 174.1 percent of GDP, at the end of Q1 2014 from 318.7 billion, or 175.1 percent, at the end of 2013, according to Eurostat data published on Tuesday.
Recent Finance Ministry figures put central government debt at 320.42 billion euros in Q1, implying a lower drop of 1.06 billion in the quarter.
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