Reopening of 7-year bond affirms tougher conditions on sovereign debt market
S&P moves Greece closer to investment grade, puts focus on budget and growth
BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
IMF urges caution on public finances
DBRS moves Greece a notch closer to investment grade as Moody's holds off
Building permits leap by 42.9 pct in Nov, taking year-to-date rise to 27.5 pct
Sales season pushes November retail volume to growth for the first time since March 2010
Retail sales turnover stayed flat year on year (yoy) in November following a 2.1 percent drop recorded in October, according to Hellenic Statistical Authority (ELSTAT). The headline figure posted a non-negative yoy reading for the first time since June 2010.
Similarly, retail volumes showed a 2.9 percent yoy increase in November, the first positive reading since March 2010. Both sales and volumes’ figures show a consistently improving trend since July 2013.
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