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
Revenues beat target for third straight month, put primary surplus in sight
The budget execution to September showed revenues beating monthly targets by 339 million euros for the third straight month in September with the year to date shortfall further narrowing to 710 million from its peak of 1.61 billion euros at the end of June, according to the preliminary data released by the Ministry of Finance (MoF) today.
Following a stronger fiscal performance in the previous two months, Greece exhibited a primary deficit at 237 million euros in September from 306 million in August and 2.57 billion in July, with the latter being significantly boosted by cumulative Publi...
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