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
OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
The OECD is the latest international organization to affirm the view that Greece is experiencing a strong economic recovery this year and will see continued expansion into 2022, assisted by the RRF.
The Paris-based organization sees Greece growing by 6.7 pct this year and just short of 5 pct in 2022, at 4.8 pct, before slowing down to 2.9 pct in 2023.
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