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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
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Housing costs, food prices set limits to impact of tax cuts
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
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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