Moody's ups GGB rating by two notches, on par with S&P and Fitch
Return to investment grade overshadowed by flood destruction
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
Bond re-opening with 4 pct yield completes debt strategy for year
Fitch takes no rating action as fiscal continuity remains crucial to investment grade
European Commission says 2014 is a turning point for Greece as growth resumes
In its autumn economic forecast released today, the European Commission (EC) highlights that 2014 would be the turning point for Greece with the domestic economy turning to growth after six years of recession.
EC retains unchanged its previous forecasts calling for GDP growth of 0.6 percent in 2014, 2.9 percent in 2015 and 3.7 percent in 2016. In addition, it stresses that in seasonally-adjusted terms – not publicly available by the statistical authorities – ...
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