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 heads back to markets with 7-year bond in bid to boost own funds
Greece wants to signal to international markets that despite the heavy toll the pandemic is expected to inflict on the Greek economy, it can move ahead with its debt strategy.
The International Monetary Fund published its latest global forecasts on Tuesday in the context of its World Economic Outlook cycle. Greece is seen as the wort affected advanced economy, with a contraction of 10 pct this year, before a rebound of 5.1 pc...
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