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 central government debt rises to 322.4 bln in Q2
Greece’s central government debt rose by almost 2 billion euros to 322.4 billion in Q2 2014 from 320.42 billion in the preceding quarter, according to the Finance Ministry debt bulletin published on Monday.
The quarterly evolution reflects net redemptions of long-term bonds issued domestically (6.32 billion) more than offset by a net increase in Financial Support Mechanism (FSM) loans (by 7.85 billion) and repo loans (by 1.08 billion).
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