Yields rise, but Greek debt still partly shielded from market headwinds
Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
Finance Ministry costs new support package, but questions remain over electricity subsidies
Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop
Hiring balance slows in June as job market returns to normal levels
Athens identifies drivers for growth as it draws up strategy for next years
One of the integral parts of the final review of Greece’s third programme is a growth plan that the authorities will have to agree with eurozone partners and will act as the country’s own policy compass outside the regular supervision by official creditors.
The basic macro assumptions of the growth plan that is currently in the works were included in a memo issued by Greece’s Alternate Finance Minister Giorgos Houliarakis to all ministries involved in preparing the latest Medium Term Fiscal Strategy (MTFS)...
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