First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
PDMA's debt strategy for 2022 includes green bond in 12 bln haul
PBO outlines positives from 2021, warns about uncertainty in 2022
High participation in bond swap provides end of year boost
Greek bond yields edge up as PEPP winds down
EC sticks with 0.6 pct growth for Greece in 2014 but also sees C/A deficit
In its winter economic forecasts released on Tuesday, the European Commission (EC) notes that recent data support expectations that Greece should return to growth in 2014. Confidence indicators continue to improve, whilst hard data releases suggest the first signs of recovery.
The EC retains its headline forecasts for Greek GDP growth unchanged at 0.6 percent in 2014 and 2.9 percent in 2015. Nevertheless, there are some differentiations in the evolution of the key GDP contributors:
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