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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
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S&P moves Greece closer to investment grade, puts focus on budget and growth
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
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IMF urges caution on public finances
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DBRS moves Greece a notch closer to investment grade as Moody's holds off
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Building permits leap by 42.9 pct in Nov, taking year-to-date rise to 27.5 pct
Final structure of bank recap taking shape, cautious optimism for outcome
Despite indications that the government would reveal its decisions on the bank recapitalisation framework by October 21, discussions within the cabinet and with the mission chiefs continued throughout last week.
Since the European Central Bank’s Single Supervisory Mechanism (SSM) is expected to announce the Greek banks’ capital needs on October 30–31, the draft bill on bank recapitalisation is expected to be tabled shortly and voted on before the SSM disclosure.
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