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
Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Talks to begin on plan to rescue PPC from dire financial straits
Rebound of 9.38 pct on Tuesday almost erases Monday's Greek stock losses
Following the negative mood that prevailed in the global financial markets yesterday amid deepening concerns about the Chinese economic slowdown, the global sentiment was completely reversed in today’s session after the central bank of China cut interest rates and lowered banks’ reserve amounts.
The Athens Stock Exchange general index climbed to 621.70 points after plummeting to 568.38 points on Monday, which was the lowest reading since mid-June 2012. The domestic market has recorded losses of 2.1 percent this week, while the drop since the en...
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