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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
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S&P leaves Greece a notch away from investment grade as outlook blurs
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Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
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Yields rise, but Greek debt still partly shielded from market headwinds
Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Greece’s budget execution to November showed a primary surplus of 1.21 billion euros from a deficit of 1.42 billion last year, according to the preliminary data released by the Ministry of Finance (MoF) on Thursday.
The state budget deficit narrowed 63.3 percent to 4.72 billion from 12.85 billion in the corresponding period last year. However, these figures exclude the SMP and ANFA income of 1.5 billion (not incorporated in Greece’s 2013 fiscal targets), which are ...
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