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
PBO urges continued fiscal discipline amid growing instability
In its latest report covering the first quarter of 2022, the Parliamentary Budget Office (PBO) sees mixed signals for the Greek economy and expects international factors to play a key role in developments in the near term.
On the positive side, Greece recorded solid growth of 7 pct in the first quarter, well above the 5.4 pct euro average, while conditions in the labour market improved notably, with employment rising by close to 11 pct and the rate dropping to 12.5 pct, f...
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