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Moody's leaves Greece's rating unchanged, one notch from investment grade -
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
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 Greeceās 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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