PDMA releases details of 10-year bond, highlighting strong interest
Greece attracts strong interest and yield below 4 pct for first 10-year bond since 2010
Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
EC report notes economic imbalances and outlines remedies
Athens starts MTFS process with baseline scenario that sees growth slowing down
Fitch keeps Greek rating stable at 'BB-' but sees growth momentum building
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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