Tag Archives: markets

Greece will again tap the markets with the re-issuance of two bonds with duration of five and thirty years. According to an announcement, the government has instructed Alpha Bank, Barclays, Citi, Commerzbank and Morgan Stanley to reissue the bond maturing on February 12, 2026 with a coupon at 0 pct …

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Greece returns to the markets with the issue of a 5-year bond. The Finance Ministry announced the issue on Monday. With the bond Greece hopes to raise between 2 and 3 billion euros. According to Athens news agency amna, the bond transaction will be managed by  BofA Merrill Lynch, Goldman …

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Greek Finance Minister Euclid Tsakalotos unfolded the government plans how to deal with red loans and how the country will return to the markets. In an interview with radio News24/7 on Tuesday, Tsakalotos said that Greece negotiated hard with the country’s lenders to secure a buffer of 25 billion euros …

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“The markets anticipate a successful exit from the bailout agreements as virtually certain and our development plans aim at a comprehensive plan that will be credible for the markets and Greek society,” Finance Minister Euclid Tsakalotos said on Tuesday in an interview with ‘Efimerida Ton Syntakton‘ newspaper. He explained that the …

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Outgoing German Finance Minister Wolfgang Schaeuble was uncharacteristically positive in his recent comments regarding Greece, saying the country is on a “good path” and that critics’ pessimistic forecasts have not panned out. Schaeuble, who often played the role of the Euro zone’s “bad cop” in dealings with Greece over the …

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The much anticipated return to the bond markets is on. Greece’s government is returning to the financial markets for the first time since 2014. The bond sale started at 1 p.m. Monday noon July 24th. 2017. The government aims to raise some 4.03 billion euros from the auction, while the …

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The yield of Greece’s 10-year bonds continued to slide this week, in spite of a significant rise in bond yields throughout the Eurozone. As a result, the yield spread between the Greek and German benchmark bonds dropped below 5 pct during trading on Friday morning, with the Greek bond yielding …

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Representatives of Greece’s rescue creditors said the country is on target to regain access to bond markets by the end of the year and exit the bailout program next summer. Officials from the European Commission, European Central Bank, and the European Stability Mechanism fund said a major round of austerity …

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For the Greek government the deal at the Eurogroup is a success. The markets see it positive but with caution. The common people remain desperate and wonder how and whether the deal will improve their lives. And some simply feel confused about the agreement. The Government “Greece is turning a …

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Greek government borrowing costs hit their lowest level in more than five years this week, investors speculate that Athens may soon end the exile from bond markets.  The Greek government signals return to the markets can happen already in summer 2017, short after creditors disburse the 7-billion euro bailout tranche …

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Greece’s first virtual net-metering PV system is installed on the rooftop of a school in Thessaloniki, the country’s second biggest city. The system is funded by Greenpeace Greece but is not yet connected to the grid, as it is waiting for the ministry to pass a new law. Net-metering (or …

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The deep rift between Greece’s European lenders and the International Monetary Fund leads to nothing else than to a delay in the conclusion of the second review. For one more time, the rift has triggered fears that another Greece debt crisis is looming and that even a default was at …

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The Euro went up Monday noon when a wild rumor was sweeping through traders’ desks and markets’ floors and social media, preferably on Twitter.. According to the unsourced rumor a Greek deal was to be announced in the afternoon. Soon, an official from the Institutions confirmed that the rumor was …

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Greece could return to debt markets to test the water in the second half of 2014 if his country returns to growth in the first half of next year and manages a primary surplus, its finance minister said in a German media interview out on Monday. “That would be a …

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Greece could return to the markets at late 2014 – early 2015 according to Charles Dallara, the managing director of the Washington-based bank lobby group, the Institute of International Finance (IIF), speaking on the sidelines of the World Economic Forum in Davos. He also said that the market sentiment has …

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Our KTG-friend Cheshire Cat just submitted his latest post of ” A Very European Financial Coup d’état”. To tell you the truth, I’m glad to see more and more people speaking of a Coup d’ Etat triggered by the markets and facilitated by the inability of the EU leaders to cope …

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Do the markets cause the end of Democracy in Europe? If their pressure on elected governments is immense, the answer is most probably…. “Yes!”. There is this interesting article published on New York Times about “Conspiracies, Coups and Currencies“. It coincides more or less with the KTG-article “ Post-Post Modern Coup …

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