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Covid recession bumped pension spending to 18 pct of GDP in 2020
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Greece draws another 3 bln from bond markets as debt strategy continues at pace
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S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
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BoG sees 4.2% recovery in 2021, re-emphasises need for bad bank
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PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy
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Greek 30-year bond attracts strong demand at attractive yield
Stocks edge up 0.9 pct, trading activity remains subdued for third straight week
The Greek equity market edged up for the second straight week by 0.9 percent. The initial gains of 2.5 percent in the first two sessions, also in the wake of Monday’s Eurogroup decision, were mitigated thereafter as investors became more concerned after an initial positive reaction.
Hellenic Telecom (OTE) releases 2016 results on March 2, while no other major corporate developments are foreseen for next week.
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