PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
PMI rises to 50 points in September, signalling stabilisation
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Greece draws strong interest, attractive yield by re-opening 10-year bond
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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