Investment grade boost visible in strong demand for Greek assets
Labour database shows 8 in 10 workers earn less than 1,200 per month
Investment grade rewards evident in first bond issuance of 2024, attracting record demand
PDMA taps markets for first time this year via modest bond reopening
Greece aims to replicate last year's successful debt strategy in 2024
Benefits of investment grade starting to become visible
SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008
The annual report on European Small and Medium-sized Enterprises (SMEs) released by the European Commission (EC) this week showed that SME employment in Greece fell by 27 percent since 2008, which corresponds to 630,000 fewer jobs.
Over the same period, almost one in four (205,000) of the SMEs that existed in 2008 closed down, resulting in a reduction of the respective business volumes by one third of its 2008 levels. Although the decline slowed in 2013, there has not yet been a r...
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