Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
PMI rises to 50 points in September, signalling stabilisation
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Greece draws strong interest, attractive yield by re-opening 10-year bond
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
OECD releases new outlook calling for sustained reforms post Covid-19
Commission points to poor access to finance, slow reform as hampering Greek competitiveness
In its 2014 European Competitiveness Report published on Thursday, the European Commission (EC) ranks Greece in the third group along with 10 other countries in terms of industrial competitiveness.
This group, which also includes Spain and Portugal from the eurozone countries, is showing modest but improving competitiveness, according to the EC.
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