Moody's ups GGB rating by two notches, on par with S&P and Fitch
Return to investment grade overshadowed by flood destruction
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
Bond re-opening with 4 pct yield completes debt strategy for year
Fitch takes no rating action as fiscal continuity remains crucial to investment grade
Finance Ministry grapples with escalating cost of pandemic
Finance minister Christos Staikouras announced on Monday that the cost of support measures for the economy in the first quarter alone will come to 5.9 billion euros – close to 80 percent of the amount budgeted for the whole year.
With tighter lockdown restrictions announced on Tuesday, those estimates are already looking dated.
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