Covid recession bumped pension spending to 18 pct of GDP in 2020
Greece draws another 3 bln from bond markets as debt strategy continues at pace
S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
BoG sees 4.2% recovery in 2021, re-emphasises need for bad bank
PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy
Greek 30-year bond attracts strong demand at attractive yield
Government eases capital controls further, aiming to restore depositor confidence
Following pledges earlier in the month, the government has now further relaxed the capital controls imposed last summer.
Finance Minister Euclid Tsakalotos published in the Government Gazette on Friday the relevant amendment allowing further relaxation, following the ratification of the proposed measures by the European Central Bank’s governing council on Thursday.
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