Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
PMI rises to 50 points in September, signalling stabilisation
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Greece draws strong interest, attractive yield by re-opening 10-year bond
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
OECD releases new outlook calling for sustained reforms post Covid-19
Greece braces for deeper Covid-19 impact on economy, budget and public debt
The Finance Ministry is gradually accepting that the impact of Covid-19 in Greece will exact a heavy toll on the economy and the budget, with implications for the country’s public debt.
Earlier estimates by the authorities that the situation could be contained within the second quarter of the year with a manageable level of economic contraction in the region of 4 pct seem to have been quickly abandoned. It is becoming increasingly appa...
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