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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
Rating agencies concur in improved prospects for Greece
The June 15 Eurogroup agreement that concluded the protracted second review of Greece’s programme became the catalyst for the three main rating agencies to update their ratings, or the outlook, for the country.
Moody’s was the first to update Greece’s creditworthiness in its scheduled review, upping the rating by one notch to ‘Caa2’ with an improved outlook from stable to positive.
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