Rise in import prices slow further to 15.7 pct YoY in Nov
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
S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
S&P raised on Friday its credit rating for Greece by one notch, taking it to ‘BB-’, and kept its positive outlook for the country.
Now S&P and Fitch are on a par, while Moody’s has Greece one grade lower. This means Greece is three notches away from investment grade for the two leading agencies.
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