PDMA releases details of 10-year bond, highlighting strong interest
Greece attracts strong interest and yield below 4 pct for first 10-year bond since 2010
EC report notes economic imbalances and outlines remedies
Athens starts MTFS process with baseline scenario that sees growth slowing down
Fitch keeps Greek rating stable at 'BB-' but sees growth momentum building
Details of bond issue give Athens boost in bid to establish market access
Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
Moody’s upgraded Greece’s credit rating by two notches on Friday, taking it to ‘B1’, from ‘B3’ previously, with a stable outlook, from positive.
Contrary to expectations in September, Moody’s did not take any rating action and opted for a more cautious approach, as Greece was also amid discussions with its lenders to finalise the budget for the new year by avoiding the pre-legislated pensions cuts.
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