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
Funding needs take centre stage in row between New Democracy and SYRIZA
One of the key topics in the agenda of two main Greek political parties’ ahead of January 25 snap elections is the issue of Greece’s funding needs by the end of March and the way they would be covered by the new government.
According to Kathimerini daily, the breakdown of funding needs of 4.6 billion euros for the first quarter (Q1) of 2015 shows that they amount to slightly above 500 million in January, 1.6 billion in February and rise to 2.5 billion in March. Of this qua...
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