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Photo by EC - Audiovisual Service Discussion over PEPP, SGP draw attention to rising yields

The Greek sovereign debt market has enjoyed a buoyant period, largely thanks to the participation of the GGBs in the ECB’s emergency asset purchase of the pandemic codenamed PEPP, which pushed borrowing costs for the Greek state to historic lows.

Photo by MacroPolis More lost ground made up in Aug as travel surplus nears 3 bln

Greece’s travel balance recorded a surplus of 2.97 billion euros in August, from 1.32 billion euros a year ago, when the tourism sector rounded off a rather tentative peak season due to the pandemic outbreak, according to Bank of Greece (BoG) data released on Friday.

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