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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
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PMI rises to 50 points in September, signalling stabilisation
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
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OECD releases new outlook calling for sustained reforms post Covid-19
Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
Budget execution to August showed revenues outperforming monthly targets by 490 million euros for the second consecutive month in August with the year to date shortfall further narrowing to 1.04 billion from its peak of 1.61 billion at the end of June, according to preliminary figures from the Ministry of Finance (MoF).
It is also significant that Greece exhibited a primary surplus for the second month in a row at 367 million euros in August from 2.57 billion in July, with the latter being significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2...
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