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
Business indicators rise for second successive month in October
Greece’s economic sentiment (ESI) improved for the second straight month by 3.4 points to 86.5 in October, European Commission (EC) data displayed on Thursday.
Over the past two months, ESI has risen by 11.3 points, yet only partly offset the extended deterioration recorded in the previous months that still lead to a contraction by 12.6 points year to date.
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