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
Study shows deep impact of capital controls on retail sector
A study published by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) highlights the devastating impact on retail sales from the imposition of capital controls.
The study revealed that clothing and footwear suffered the most as the drop in their turnover was more profound, down 80 percent in July and 60 percent in August.
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