Credit growth accelerates to 3.2 pct in May, led by loans to businesses
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Rising bond yields a concern, but not an immediate fiscal problem
OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Reopening of 7-year bond affirms tougher conditions on sovereign debt market
S&P moves Greece closer to investment grade, puts focus on budget and growth
Early gains in Greek stocks cancelled out in second half of week
After a rebound in the first two trading sessions of the week the Greek stock market headed south in the next three days, ending with marginal losses of 0.4 percent.
This follows a nosedive of 15.2 percent in the previous week, which saw the first trading after the imposition of capital controls on June 29.
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