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
Stocks finish week on high after progress at Eurogroup
The Greek equity market jumped 2.3 percent this week, mainly led by Friday’s gains of 1.5 percent, in the wake of the outline deal clinched at the Eurogroup and the decision taken for a return of the institutions’ mission chiefs to Athens as soon as possible.
Τhe general index of the Athens Stock Exchange climbed to 681.08 on Friday, its highest level since November 9, 2015. Over the last two weeks, Greek shares have rebounded 7.1 percent extending year to date gains to 5.8 percent.
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