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Low-productivity economy a legacy of adjustment without transformation
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BoG cautiously optimistic on economy and banking sector
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
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Housing costs, food prices set limits to impact of tax cuts
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Moody's keeps rating unchanged at 'Baa3' - outlook stable
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Underspend and taxes push primary balance up to Aug 3.77 bln above target
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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