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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
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S&P leaves Greece a notch away from investment grade as outlook blurs
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Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
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Yields rise, but Greek debt still partly shielded from market headwinds
2015 primary surplus exceeds target as revenues outperform and expenditure is reined in
Greece’s budget primary balance reached 2.27 billion in 2015 up by 21.1 percent from the 2014 figure of 1.87 billion, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday afternoon.
Compared to target, the actual figure indicates an underperformance of 990 million fully attributed to the non-collection of SMP and ANFA income of 3.59 billion. It is noteworthy that the relevant target for 2015 was 3.88 billion in the 2016 budget, upw...
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