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
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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