Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Yields rise, but Greek debt still partly shielded from market headwinds
Primary surplus narrows to 2.4 bln in October as revenues miss target
Greece’s budget execution showed the primary surplus narrowing to 2.41 billion euros in the 10-month period from 2.53 billion in the 9-month, according to the preliminary data released by the Ministry of Finance (MoF).
Compared to the targets, the year to date figure shows a shortfall of 44 million euros compared to an outperformance of 981 million by September. The worsening month on month fiscal performance is primarily related to a revenue shortfall of 875 million ...
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