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Moody's ups GGB rating by two notches, on par with S&P and Fitch
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Return to investment grade overshadowed by flood destruction
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Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
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New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
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Bond re-opening with 4 pct yield completes debt strategy for year
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Fitch takes no rating action as fiscal continuity remains crucial to investment grade
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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