Investment grade boost visible in strong demand for Greek assets
Labour database shows 8 in 10 workers earn less than 1,200 per month
Investment grade rewards evident in first bond issuance of 2024, attracting record demand
PDMA taps markets for first time this year via modest bond reopening
Greece aims to replicate last year's successful debt strategy in 2024
Benefits of investment grade starting to become visible
PBO highlights exceptional factors supporting recovery, cautions against complacency
The Parliamentary Budget Office (PBO) issued its latest quarterly report on Tuesday, noting the economic recovery but warning against complacency as the factors behind the solid GDP rebound in the second quarter are circumstantial and transitory.
Greece’s annual growth of 16.2 pct in the second quarter was above the eurozone average of 14.3 pct and took that quarter above the 2019 level. There is a further set of encouraging macro data, with unemployment down by 3 percentage points at 14.2 pct, ...
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