BoG sees recovery strengthening, proposes post-MoU safety net
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
Stocks rise for first time in three weeks, gaining 1.1 pct
The Greek equity market traded in mild negative territory until Wednesday, while a rebound in the last two sessions erased earlier losses leading to weekly gains of 1.1 percent. The trading activity remained largely at previous week’s level, while the turnover climbed to 181 million on Wednesday due to the MSCI rebalancing.
The general index of the Athens Stock Exchange closed at 786.57 on Friday, at its highest level this week. Over the last three weeks, Greek stocks have edged down 0.3 percent, while they record notable gains of 22.2 percent since the beginning of the year.
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