Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
New government sets sights on sustainable and wide-reaching tourism industry
Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Bonds enjoy great buoyancy but remain some distance from investment grade
Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Talks to begin on plan to rescue PPC from dire financial straits
Rise in new tax arrears slows further to 694 mln in April, total reaches almost 88 bln
The rate of increase in Greece’s new unpaid taxes further decelerated to 694 million euros in April from 881 million in March, General Secretariat of Information Systems (GSIS) data showed on Monday.
The aggregate figures for the 4-month period this year show they reached 4.33 billion euros by the end of April, implying a rise by 3 percent compared to the corresponding period last year.
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