Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Talks to begin on plan to rescue PPC from dire financial straits
PPC, Hellenikon present government with first test of problem solving mettle
National Bank first to test market waters in post-election afterglow
BoG report highlights economic challenges, proposes way forward
Annual report shows majority of debt in official hands on favourable terms
Greece's 2014 fiscal gap suddenly appears bigger, much bigger
Just one week after the Greek Finance Ministry submitted to Parliament the draft budget for 2014 - which sees a primary surplus of 2.9 billion euros, or 1.6 percent of GDP – European Central Bank executive board member Joerg Asmussen appears to have put the economic plan in some doubt, while testing the limits of Finance Minister Yannis Stournaras’s positivity.
It is widely known from previous reviews that in troika jargon when a mission is stopped until “technical work is completed” it means there is a disconnect between the two sides and a gap in views which needs to be bridged, usually so the final, shared ...
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