Strong interest as Greece issues first 52-week T-Bill in almost eight years
Athens identifies drivers for growth as it draws up strategy for next years
Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
Athens meets bond targets despite testing market conditions
Commission keeps outlook on Greece stable, sees growth picking up this year
October revenues reverse earlier shortfall, annual primary surplus in sight
The budget execution to October showed revenues beating monthly targets by 761 million euros for the fourth straight month. Furthermore, the year to date previous revenue shortfall, which peaked to 1.61 billion euros at the end of June, turned to a small surplus of 51 million at the end of October for the first time so far in 2013, according to the preliminary data released by the Ministry of Finance (MoF) today.
Following a relatively stronger fiscal performance compared to the previous month, Greece exhibited a primary deficit at 40 million euros in October from 229 million in September, mainly owed to higher revenues more than offsetting a hike in interest pa...
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