Greece completes first bond issue in three years, eyes more on way out of programme
Greece announces return to markets with 5-year bond, mostly targeting swap
Travel receipts edge up 1.7 pct in May on higher foreign arrivals
S&P revises Greece outlook to positive, affirms 'B-' rating
HRADF's updated asset development plan sets out next batch of privatisations
Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
The European Commission (EC) published on Wednesday its assessment following the official Greek request for a 3-year loan from the European Stability Mechanism (ESM).
In specific, a primary deficit of zero to 1 percent is now projected for 2015, a primary balance of 1 to 0.5 percent in 2016 and a primary surplus of 2.25 to 2 percent in 2016. However, the primary surplus target of 3.5 percent as of 2018 remains unchan...
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