Markets buoyed by election result
PDMA nears completion of annual debt strategy, taking another cautious step
Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct
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S&P only ups outlook, waits for political clarity before rating move
BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
Snap elections in Greece bring state's liquidity constraints into focus
The failure to elect a president in Greece, triggering snap elections on January 25 in 2015, brings into sharp focus the issue of what liquidity is available to the Greek state and any government that is formed next year.
Speaking in Parliament on December 22 Finance Minister Gikas Hardouvelis said Greece’s financing needs amount to 4.5 billion euros in the first quarter (Q1) of 2015. These mainly comprise of interest payments (2.2 billion) and IMF repayments estimated a...
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