Moody's holds on rating update stressing need for reform
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
Greek stocks end week flat as Friday’s strong rebound erased earlier losses
The Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week.
The ESM decision to freeze the implementation of short-term debt relief measures was a negative surprise, dragging the market down 3.2 percent on Wednesday. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4...
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