S&P holds off on new rating upgrade, ECB holds key to investment grade
Some key tasks pending as Greece edges closer to completing post-programme process
PBO highlights exceptional factors supporting recovery, cautions against complacency
Govt grabs opportunity offered by escape clause to entice voters with support package
Recovery in car sales slows to 2.7 pct in August
Rise of property prices continues with 4.6 pct increase in Q2
Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
Despite a rebound of 5.4 percent on Friday, the Greek stock market fell 5.2 percent this week amid the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit concerns.
The European Stability Mechanism (ESM) board approved on Friday the disbursement of the next tranche of 7.5 billion euros, of which 5.7 billion will cover debt servicing needs. The funds are due to disbursed early next week.
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