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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
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S&P leaves Greece a notch away from investment grade as outlook blurs
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Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
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Yields rise, but Greek debt still partly shielded from market headwinds
What are Greek coalition's plans for privatisation programme?
One the first and most important issues brought to the forefront by the new government was that of privatisations. Several misters’ statements had a negative impact on the fragile investor sentiment and contributed to the nosedive in the Greek stock market by 14.1 percent during the first week after elections.
The privatisation process of PPC, as legislated by the previous government in line with the Memorandum of Understanding (MoU) directives, involved three separate projects:
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