S&P revises Greece outlook to positive, affirms 'B-' rating
HRADF's updated asset development plan sets out next batch of privatisations
Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
Stocks up 3.1 pct during week to reach fresh two-year high
Stocks edge down 0.6 pct this week amid soft volumes
Stocks rise for first time in three weeks, gaining 1.1 pct
In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
In its autumn economic forecasts published on Wednesday, the European Commission (EC) repeated its previous estimate that economic activity will start picking up from the second half of this year, before notably accelerating in the next two years.
This prediction largely reflects the improved economic sentiment, stabilisation of public finances and higher liquidity in the corporate sector on the back of arrears clearance.
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