New twist in Hellinikon saga as Lamda goes it alone
Moody's holds on rating update stressing need for reform
Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
New government sets sights on sustainable and wide-reaching tourism industry
Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Bonds enjoy great buoyancy but remain some distance from investment grade
What are Greek coalition's plans for privatisation programme?
One the first and most important issues brought to the forefront by the new government was that of privatisations. Several misters’ statements had a negative impact on the fragile investor sentiment and contributed to the nosedive in the Greek stock market by 14.1 percent during the first week after elections.
The privatisation process of PPC, as legislated by the previous government in line with the Memorandum of Understanding (MoU) directives, involved three separate projects:
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