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Covid recession bumped pension spending to 18 pct of GDP in 2020
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Greece draws another 3 bln from bond markets as debt strategy continues at pace
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S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
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BoG sees 4.2% recovery in 2021, re-emphasises need for bad bank
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PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy
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Greek 30-year bond attracts strong demand at attractive yield
Moody's upgrades Greek rating by two notches to Caa1 - here's why
Moody’s upgraded Greece’s government bond rating by two notches on Friday, raising it to Caa1 from Caa3, where it had been placed on November 29, 2013. The outlook on the rating is stable.
This is Greece’s second rating upgrade, following that Fitch’s decision to increase it by one notch on May 23. Moody’s had postponed its previous rating action on Greece, which was due on April 4, but upgraded Greek banks’ outlook to stable from negativ...
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