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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate -
ECB study finds Greeks overburdened by housing costs, most likely to miss payments -
S&P ups outlook to positive, leaves rating at 'BBB-' -
Moody's leaves Greece's rating unchanged, one notch from investment grade -
Investment grade boost visible in strong demand for Greek assets -
Labour database shows 8 in 10 workers earn less than 1,200 per month
Greece aims to replicate last year's successful debt strategy in 2024
Just before the festive season, the Public Debt Management Agency (PDMA) released the debt strategy for 2024, which summarises the positive developments regarding Greece public debt in 2023 and outlines a modest debt plan for 2024, in line with last year’s successful strategy.
Greece’s funding needs in 2024 will amount to just short of 19 billion euros, with roughly 5.5 billion euros to meet debt maturities, 4.85 billion euros in interest payments, liability management actions, such as debt prepayments at 12 billion euros and...
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