Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
S&P holds off on new rating upgrade, ECB holds key to investment grade
Some key tasks pending as Greece edges closer to completing post-programme process
PBO highlights exceptional factors supporting recovery, cautions against complacency
Govt grabs opportunity offered by escape clause to entice voters with support package
Recovery in car sales slows to 2.7 pct in August
Athens waits for credit rating upgrade as 10-year yield drops to new low
There has been a continuous flow of positive messages from the sovereign debt market for Greek authorities as strong demand for Greece’s public debt keeps pushing borrowing costs down.
The 10-year benchmark is on a downward path since the October 10, when it stood in the region of 1.45 percent. It has moved since to 1.28 percent as the desire for yield in a negative rates environment in the fixed income market has made GGBs an attract...
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