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
Overdue contributions rise by 429 mln to 15.78 bln in Q1
Unpaid social security contributions increased by another 429 million euros quarter on quarter (QoQ) to 15.78 billion at the end of the first quarter (Q1) of 2016, the quarterly bulletin of the Center for the Collection of Social Security Arrears (KEAO) displayed on Wednesday.
From the total overdue amount, 11.55 billion euros (more than 73 percent) relate to main debt and the remaining 4.23 billion to surcharges and penalties.
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