Bond issue decision expected as clock ticks down

PoliticsGreek Politics Tags: Debt, IMF, Kammenos
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Going into the weekend, there is still much speculation - but little clarity - about whether the government will try to tap the markets next week or, indeed, if it has time to issue a bond before the International Monetary Fund’s executive board meets on Thursday, July 20.

It is clear that Athens believes if it is going to return to the markets this month, it has to do so before the IMF takes a decision on its participation in the Greek programme and the Fund’s debt sustainability analysis, showing the country’s debt to b...

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