The summer of 2017 will be calmer but this was not a time for complacence, Prime Minister Alexis Tsipras said on Wednesday in an televised interview with Greece’s Alpha channel, one day after Greece’s successfully ventured forth to tap the markets. “We took an important step, which marks the beginning …
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Schaeuble welcomes Greece’s return to markets, reminds “3. program review”
Germany’s finance ministry on Tuesday welcomed a move by Greece to sell debt to private investors for the first time in three years, saying Greece now needed to stabilise trust, bolster reforms and complete a third bailout review on time. A ministry spokesman spoke to Reuters following, of course, Wolfgang …
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Success! Greece raises € 3bln, 5-year bond coupon at 4.37%, yield at 4.62%
The response to Greece’s attempt to tap the markets on Tuesday confirmed that the country’s economy was on course for recovery and a final exit from bailout programmes, Greek government sources said on Tuesday. “Greece’s return to the markets was crowned with absolute success and confirms the good course of …
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S&P Raises Outlook On Greece Ahead Of Bond Sale, Keeps B- Rating
Consider it a kiss to the bond investors who are expected to oversubscribe the upcoming latest “triumphal” Greek return to the bond markets, as soon as next week. Moments ago, rather unexpectedly, S&P raised its outlook on Greece from Stable to Positive, but reaffirmed the Greek rating at B-. The …
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ESM Regling predicts: Greece will return to markets by end 2017 or in next year
President of European Stability Mechanism, Klaus Regling, made an important forecast. He said he considered possible that Greece will return to the markets by end of 2017 or in 2018. “It is most likely that Greece will return to the markets by the end of the year or in next …
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Schaeuble: Greece will return to the markets by 2018, insists on IMF participation
“Greece will have access to the markets by 2018,” German Finance Minister Wolfgang Schaeuble said in a rare attack of positive mood towards Greece. “I expect the IMF to remain in the Greek program. It is not so important with what amount the Fund will be involved, what is crucial …
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PM Tsipras: Greece will test the markets in 2017, full return in 2018
Greece’s prime minister Alexis Tsipras sketched out a path he hopes will finally allow his country to exit its seven-year-old economic crisis, holding out the possibility of positive growth this year and a partial return to the bond markets in 2017. In an exclusive interview to Reuters, Alexis Tsipras said …
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Tsipras: “Greece is better off with 3. bailout”, sees return to markets begin of 2017
Just as I was surfing around trying to spot some interesting topics on the upcoming elections – and I found nothing, I must admit – I stumble upon an interview of former Prime Minister left-wing Alexis Tsipras who struggles neck and neck with conservative New Democracy to win the elections. …
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Greek debt scenarios: “Great stretch” or “time to default”?
Hardly has Greece managed to return to the international markets and several scenarios started to circulate again about the future of the Greek debt. One of the scenarios claims that the solution would be is a great stretch of another 20 years for the pay back of the bailout loans. …
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The markets can’t wait! Greeks are fit for bonds
I have been physically and psychologically preparing myself for the historical moment when Greece would return to the markets and borrow money. In fact I’ve been preparing myself for the last two weeks with an intensive fitness and an extreme makeover program. I increased my brisk walking from 7 km …
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Greece returns to markets with 5-year bond
Are we? Aren’t we? Will Greece issue a long-term bond on Wednesday and return to the markets after four years spent in Troika’s deep freeze? Several Greek media claim this morning that a 5-year bond has already been launched and that the borrowing interest would be 5.25% and total worth …
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Greek PM: “I will not allow a criminal organization to govern the political life”
Greek Prime Minister Antonis Samaras is determined not to allow extreme-right Golden Dawn be a regulator of the country’s political life and threaten the political stability. Speaking to a delegation of AHEPA, the prime minister used the chance to address the issue that his close aide Panagiotis Baltakos had regular …
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