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First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
EconomyGreece stepped into the international markets on Wednesday with an inaugural 10-year benchmark, rolling out its 12-billion-euro debt strategy of 2022. Greece issued a 10-year benchmark of 3 billion euros, with a coupon of 1.75 pct and a final reoffer yi...
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Travel receipts more than double in 2021, arrivals at 47 pct of 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 64 million euros in December, from a surplus of 173.8 million euros in November, according to Bank of Greece (BoG) data released on Tuesday. Aside from being significantly higher than the 2.2 million euros r...
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Reopening of 10-year bond issued in Jan sees yield double to 3.67 pct
EconomyGreece’s debt managers continue to take cautious steps in the sovereign bond market after having to readjust their borrowing strategy following the uncertainty caused by the Ukraine conflict and the turbulence in the markets, which pushed the 10-year be...
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Travel receipts almost double, but current account deficit rises by 78 pct in 9M
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 811.4 million euros in September, from a surplus of 449.1 million euros in August, Bank of Greece (BoG) data showed on Monday. In September 2021, the balance showed a deficit of 296.3 million euros, while...
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Arrivals nearly double year-on-year in 10M, travel receipts exceed 17 bln
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.31 billion euros in October, from 2.67 billion euros in September, according to Bank of Greece (BoG) data released on Thursday. October’s balance was higher than the 1.13 billion euros registered in Octobe...
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Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
EconomyGreece’s debt managers leveraged the positive sentiment after S&P’s revision of the outlook for Greek Government Bonds (GGB) to positive last Friday and issued a new 30-year bond on Wednesday, the longest maturity since the same issuance in early 2021. ...
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Optimism for Cyprus solution abounds but talks at delicate phase
PoliticsForeign Policybe “a realistic possibility” of solving the Cyprus problem. He urged all sides to “seize this historic chance... Anastasiades, Schulz also met Turkish Cypriot leader, Mustafa Akinci. During his two-day visit, the German... in a statement that “all sovereign rights arise from the international law.” This sentiment was echoed
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Opening the electricity market and possible introduction of "Small PPC" as part of bailout review
Legalthat the aforementioned targets for the reduction of the market share of PPC are not met. Apart from...) finds that there is a significant gap between the targets set and the ones met, the Energy..., depending on whether they have met or exceeded these targets. Given the above, it is highly probable
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Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyrose marginally by 0.4 percent to 824 million, showing a material deceleration from the double-digit... tourist activity shows that arrivals from France surged 33.9 percent, followed by a double-digit rise... of UK tourists slowed to 1 percent in October from double-digit levels in the preceding months
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Newsletter 65 - 04/03/2016
All eyes on Eurogroup Fiscal gap differences remain but IMF expects mission to return soon During... over dinner in Brussels between all institutions on Wednesday that aimed at reaching common ground on Greece’s fiscal gap by 2018. Meanwhile, the EC confirmed that technical teams from all
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