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 Low-productivity economy a legacy of adjustment without transformation
                    
                    
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 BoG cautiously optimistic on economy and banking sector
                    
                    
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 S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
                    
                    
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 Housing costs, food prices set limits to impact of tax cuts
                    
                    
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 Moody's keeps rating unchanged at 'Baa3' - outlook stable
                    
                    
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 Underspend and taxes push primary balance up to Aug 3.77 bln above target
                    
                    
                 
High participation rate helps bond swap tick box
                    Greece’s Public Debt Management Agency (PDMA) announced on Wednesday that is on the verge of completing successfully the debt management exercise that it initiated on November 15.
Greece had invited the holders of the bonds that were exchanged as part of the PSI in 2012 and consisted of a series of 20 issues that matured between 2023 and 2042, to exchange them with five new benchmark issues that will mature on January 30, 2023 an...
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