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
Commission points to poor access to finance, slow reform as hampering Greek competitiveness
In its 2014 European Competitiveness Report published on Thursday, the European Commission (EC) ranks Greece in the third group along with 10 other countries in terms of industrial competitiveness.
This group, which also includes Spain and Portugal from the eurozone countries, is showing modest but improving competitiveness, according to the EC.
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