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DBRS leaves Greece a notch from investment grade, outlook stable
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Vulnerable households allocated 60 pct of income for housing even before cost-of-living crisis
Greece continues debt management with swap of bonds worth 30 bln
Greece’s Public Debt Management Agency (PDMA) announced on Wednesday that it was inviting holders of bonds that were exchanged as part of the Private Sector Involvement (PSI) in March of 2012 to swap them with five new securities that mature between 2023 and 2042.
Following a successful swap of one bond issue during the summer, the Greek government is continuing with the implementation of the liability management that was outlined in the draft budget tabled in Parliament last month.
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