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
What higher ECB haircuts on collateral could mean for Greek banks' liquidity
Friday’s Eurogroup in Riga ended with eurozone finance ministers rejecting the possibility of an extraordinary meeting before the end of the month and any kind of funding disbursal without Greece having reached a full agreement with its lenders.
However, it is the European Central Bank’s stance following the meeting in Latvia that could prove of even greater concern. During the Eurogroup press conference, ECB President Mario Draghi emphasised that the governing council may have to review the ha...
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