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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
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Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
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Rise in import prices slow further to 15.7 pct YoY in Nov
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Deposit outflow at 550 mln in Oct, led by a decline in corporates
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Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
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In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P affirms Greece’s rating, outlook remains stable
S&P affirmed Greece’s ‘B-/B’ ratings in its scheduled rating review on Friday. The outlook remained stable, reflecting the rating agency’s view that the risks to its ratings are balanced over the next twelve months.
S&P anticipates that Greece will continue to fulfil most of the bailout programme conditions, albeit with considerable lags, and despite the delays in the conclusion of the second review.
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