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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
Severe underspend covers lower revenues for end-May primary surplus
Greece’s budget execution showed that the 5-month primary surplus more than doubled to 1.51 billion euros from 707 million in the corresponding period last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday.
The overall 5-month budget deficit fell by almost 30 percent to 1.4 billion euros, from 1.99 billion last year, outperforming the target by 2.08 billion.
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