Greece prepares for bond issue, looks to pave way for programme exit

EconomyProgramme Tags: Debt, EC, Eurogroup
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

Greece is expected to announce the start of the book-building process for a new 7-year bond this week as it also looks to provide greater clarity on debt relief measures and the post-programme scheme the that government is working on.

The Public Debt Management Agency (PDMA) was expected to launch on Tuesday a new effort to tap investors but the turbulence on the international markets on Monday may lead to the announcement being delayed for a few days, according to reports.

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