Moody's ups GGB rating by two notches, on par with S&P and Fitch
Return to investment grade overshadowed by flood destruction
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
Bond re-opening with 4 pct yield completes debt strategy for year
Fitch takes no rating action as fiscal continuity remains crucial to investment grade
Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
The Hellenic Statistical Authority (ELSTAT) published on Tuesday its second estimate of Greece’s 2014 annual national accounts, while also revising 2010-2013 GDP figures downwards compared to those released last March.
According to ELSTAT, the key reasons for the revision relate to updated household consumption expenditure for 2010-2013 and new estimates for 2014, incorporation of analytical results from the 2011 population census, updated external trade data as well ...
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