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 sets out debt management strategy for 2020, reopens 10-year bond
The draft budget submitted to Parliament on Monday gives some broad guidelines regarding Greece’s debt management strategy for next year.
At the same time, the Public Debt Management Agency (PDMA) reopened on the same day the 10-year bond issued early this year in an attempt to maximise the benefits from the record low yields that Greece has been enjoying during the second part of the year.
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