Moody's explains cautious approach to Greek credit rating upgrade
PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Retail turnover in June grows strongly led by fuel and supermarket sales
Economic sentiment remains stable as retail confidence materially improves
Employment balance year-to-date posts record despite more departures in July
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
2015 primary surplus exceeds target as revenues outperform and expenditure is reined in
Greece’s budget primary balance reached 2.27 billion in 2015 up by 21.1 percent from the 2014 figure of 1.87 billion, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday afternoon.
Compared to target, the actual figure indicates an underperformance of 990 million fully attributed to the non-collection of SMP and ANFA income of 3.59 billion. It is noteworthy that the relevant target for 2015 was 3.88 billion in the 2016 budget, upw...
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