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
Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
Greece’s budget execution showed a primary surplus of 2.65 billion euros in the 10-month period, according to the final data released by the Ministry of Finance (MoF) on Tuesday.
This is 249 million higher than preliminary figures due to the incorporation of privatisation proceeds of 269 million in the final data.
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