Credit growth accelerates to 3.2 pct in May, led by loans to businesses
PBO urges continued fiscal discipline amid growing instability
Rising bond yields a concern, but not an immediate fiscal problem
OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Reopening of 7-year bond affirms tougher conditions on sovereign debt market
S&P moves Greece closer to investment grade, puts focus on budget and growth
Greek stocks slip 0.4 pct during week
The Greek equity market moved sideways ending the week with marginal losses of 0.4 percent, while banks significantly underperformed.
The Eurogroup welcomed on early Wednesday the staff level agreement reached between Greece and the institutions, while also decided on the disbursement of 10.3 billion in two tranches subject to the implementation of prior actions.
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