BoG highlights how Covid-19 compounds legacy issues and structural challenges
Greece issues new 10 yr bond as investor appetite returns
ECB boost for Greek debt as authorities ponder new market foray
Athens welcomes volume, form of Commission's pandemic recovery plan
EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
Fitch upgrades Greek rating to B-, sees debt sustainability improving
Fitch on Friday became the latest agency to upgrade Greece’s long-term credit rating, raising it to B- from CCC with a positive outlook.
Fitch believes that Greece’s debt sustainability will steadily improve as the country continues to comply with the terms of the ESM programme, which reduces political risks.
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