-
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
Greek stocks plunge 7.9 pct, banks tumble 24.3 pct
![Photo by Can Esenbel [http://www.mundanepleasure.com/] Photo by Can Esenbel [http://www.mundanepleasure.com/]](resources/toolip/img-thumb/2013/10/16/stocks2_economy_esenbel-large.jpg)
Following a nosedive by 8.9 percent last week, the Greek stock market tumbled a further 7.9 percent on Monday amid turmoil in the European markets on global growth prospects and increased domestic risks.
Greek shares continue to be heavily hampered by the lack of progress in discussions with the institutions on the first programme review and a stalemate in the pension reform discussions.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€500.00