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
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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