Yields rise, but Greek debt still partly shielded from market headwinds
Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
Finance Ministry costs new support package, but questions remain over electricity subsidies
Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop
Hiring balance slows in June as job market returns to normal levels
In potential clash with lenders, SYRIZA wants to use privatistion receipts to fund social policies
Speaking in Parliament on Monday, Alternate Finance Minister Nadia Valavani announced the creation of a new Public Wealth Fund, which will incorporate the Hellenic Republic Asset Development Fund (HRADF) and various public asset management agencies such as the Public Properties Company (ETAD).
This will be included as an amendment in the draft bill for the settlement of tax and social security arrears, due to be tabled soon in Parliament. She also said that the new legal framework for the privatisation fund is expected to be tabled in the nex...
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