Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Yields rise, but Greek debt still partly shielded from market headwinds
National Bank first to test market waters in post-election afterglow
If the bull case for Greece includes a pro-business government rousing dormant animal spirits in markets, that part of the case is still sleeping off a post-election campaign hangover.
The 6 percent drop in the Athens Stock Exchange index in the first two days after Sunday’s victory for New Democracy was not altogether surprising in light of the market adage that most price action tends to happen in anticipation of news, while traders...
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