Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Yields rise, but Greek debt still partly shielded from market headwinds
Fitch keeps Greece at 'BB' rating as risks remain on horizon
As was broadly expected, on Friday night Fitch kept Greece’s credit rating and outlook unchanged, at ‘BB’ and stable.
Following a tumultuous year due to the pandemic, Greece finds itself with stable outlook across all three main rating agencies. Fitch is one notch ahead at ‘BB’ following last year’s upgrade in January before the pandemic, S&P has not taken any rating a...
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