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Current account turns to surplus in July thanks to services, tourism
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Energy drives 16.4% YoY jump in industrial turnover for July
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Property price growth slows to 5.5% YoY in Q2, at new all-time high
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Primary surplus at 6.5 bln up to August as taxes continue strong trend
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Growth of wages index slows to 3.9% YoY in Q2
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Economy holds steady in Q2 but autumn set to pose more and tougher tests
Scope raises rating to 'BBB+' as Moody's ups outlook to positive
Positive developments around Greek sovereign bonds (GGBs) continued last Friday, with Moody’s upgrading its outlook on Greece to positive from neutral, while Scope Ratings raised the country’s credit rating by one notch to BBB+ with a stable outlook.
Moody’s kept Greece at Baa3, one notch behind S&P, Fitch and DBRS, while Scope - after its upgrade - now sits one notch ahead of those agencies. DBRS opened the autumn rating‑review cycle by maintaining its BBB rating and raising its outlook to positive...
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