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
Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
Despite a rebound of 5.4 percent on Friday, the Greek stock market fell 5.2 percent this week amid the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit concerns.
The European Stability Mechanism (ESM) board approved on Friday the disbursement of the next tranche of 7.5 billion euros, of which 5.7 billion will cover debt servicing needs. The funds are due to disbursed early next week.
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