The Greek economy saw an influx of 5 billion euros for Greek state shares and bonds as a result of the credit rating upgrade of the Greek economy, a report in the Bank of Greece (BoG) Economic Bulletin said on Wednesday, ANA reports.
In “The investment grade and funds’ portfolio allocation in Greek assets” (Issue 59, July 2024), authors Haris Giannakidis, Louis Karathanos, Athanasios Kontinopoulos, Athanasios Lampousis and Petros Migiakis said their analysis found that between Q4 2022 to Q3 in 2023, the increase in bond and share placements is assessed at 5 billion euros, of which 2.9 billion euros relate to placements in shares and 2.1 billion euros to placements in bonds.
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