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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
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PMI rises to 50 points in September, signalling stabilisation
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
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OECD releases new outlook calling for sustained reforms post Covid-19
PDMA sets 2020 goals to build on improving conditions for debt
Greece’s Public Debt Management Agency (PDMA) issued on Tuesday its funding strategy for 2020 after taking stock of the achievements during 2019 and the characteristics of Greek sovereign debt, which breed confidence for the year ahead.
The PDMA outlines that it completed four market transactions in 2019 for a total amount of 9 billion euros, in 5-, 7-, 10-year issues and a tap through the reopening of a 10-year bond. These initiatives had a combined order book of 43 billion euros in u...
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