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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
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PMI rises to 50 points in September, signalling stabilisation
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
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OECD releases new outlook calling for sustained reforms post Covid-19
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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