Building activity increases by 16.4 pct in October
Budget primary surplus at 1.97 bln in 2017 on strong underspend
Net job hirings balance positive by 15,315 in December
CPI rises by 0.7 pct in Dec for first 12-month positive streak after four years of deflation
Unemployment rate at 20.7 pct in October, previous month revised upwards
Car sales rise by 16.1 pct in December, annual increase reaches 20.8 pct
Fitch upgrades Greek credit rating to B with stable outlook
As previously rumoured, Fitch upgraded on Friday Greece’s rating by one notch to ‘B’ from ‘B-‘ with a stable outlook, yet still remaining in the non-investment grade.
This is the first Greek sovereign rating upgrade in 2014 and comes after Moody’s postponed a rating action on April 4. S&P affirmed its rating for Greek sovereign debt on March 21.
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