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BoG revises growth forecast down to 3.2 pct amid growing uncertainty
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Credit growth accelerates to 3.2 pct in May, led by loans to businesses
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PBO urges continued fiscal discipline amid growing instability
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Rising bond yields a concern, but not an immediate fiscal problem
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OECD finds tax cuts linked to pandemic helped reduce wedge on labour
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
Fitch upgraded on Friday Greece’s long-term credit rating by one notch to ‘B’ from ‘B-‘, maintaining a positive outlook.
The post-programme period will also be supported by Greece’s ongoing market access following the completion of the third review and after the recent issue of 3 billion seven-year note with a yield of 3.5 percent. Fitch expects Greece to continue its eff...
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