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Moody's keeps rating unchanged at 'Baa3' and outlook stable
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DBRS leaves rating unchanged at 'BBB', cautions about risks and challenges
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EU–Mercosur deal promises gains for industry, risks for agriculture
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Inaugural bond for 2026 breaks demand and spread records, covers half of year's debt strategy
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For 2026, PDMA sticks to debt strategy that proved successful previously
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CPI accelerates to 2.4 pct YoY in Nov, housing costs up 3.7 pct
Greece braces for recession, hopes to bounce back from summer onwards
The extent of the damage that could be inflicted on the Greek economy as a result of the coronavirus impact is becoming clearer by the day, with the Finance Ministry and leading investment houses now expecting Greece to slip into a recession again this year. The only question is how deep the contraction will be.
Speaking on television on Thursday morning, Finance Minister Christos Staikouras admitted that Greece is on course for an economic contraction of 1 to 3 pct this year due to the virus. He indicated that these figures would worsen if Covid-19 continues t...
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