Athens aims to wrap up legislation on foreclosures and issue 10-year bond

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

Following further discussions between the Greek government and the institutions over the weekend, Athens is hoping to submit to Parliament in the coming days the draft legislation protecting primary residences from foreclosure.

Regardless of the progress on this issue, Greek authorities are aiming to issue a 10-year bond this week, capitalising on the credit rating upgrade from Moody’s on Friday.

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