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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
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Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
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Rise in import prices slow further to 15.7 pct YoY in Nov
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Deposit outflow at 550 mln in Oct, led by a decline in corporates
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Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
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In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
Snap elections in Greece bring state's liquidity constraints into focus
The failure to elect a president in Greece, triggering snap elections on January 25 in 2015, brings into sharp focus the issue of what liquidity is available to the Greek state and any government that is formed next year.
Speaking in Parliament on December 22 Finance Minister Gikas Hardouvelis said Greece’s financing needs amount to 4.5 billion euros in the first quarter (Q1) of 2015. These mainly comprise of interest payments (2.2 billion) and IMF repayments estimated a...
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