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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
Greece's 2014 fiscal gap suddenly appears bigger, much bigger
Just one week after the Greek Finance Ministry submitted to Parliament the draft budget for 2014 - which sees a primary surplus of 2.9 billion euros, or 1.6 percent of GDP – European Central Bank executive board member Joerg Asmussen appears to have put the economic plan in some doubt, while testing the limits of Finance Minister Yannis Stournaras’s positivity.
It is widely known from previous reviews that in troika jargon when a mission is stopped until “technical work is completed” it means there is a disconnect between the two sides and a gap in views which needs to be bridged, usually so the final, shared ...
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