BoG revises growth forecast down to 3.2 pct amid growing uncertainty
Credit growth accelerates to 3.2 pct in May, led by loans to businesses
PBO urges continued fiscal discipline amid growing instability
Rising bond yields a concern, but not an immediate fiscal problem
OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Greece draws another 3 bln from bond markets as debt strategy continues at pace
Greece completed on Wednesday its third successful market foray of the year by drawing 3 billion euros through a new 5-year bond issue.
Leveraging the positive sentiment from the unexpected credit rating upgrade by S&P and the general positive market sentiment following the announcement by the ECB in March of increased PEPP purchases, the PDMA announced on Tuesday a new 5-year benchmark...
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