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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. Greece drew 3 billion euros with a yield
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Credit expansion grows by 4.5 pct in Mar, driven by corporations
EconomyMacroeconomyThe credit expansion in the Greek private sector picked up even more pace further in March, rising by 4.5 percent year-on-year (YoY), up from 3.8 percent in February, Bank of Greece (BoG) figures released on Friday showed. At 6.3 percent, December’s 2022 growth was the highest since the summer
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Mati fire verdict prompts legal blame game as PM pledges swifter justice
PoliticsGreek Politicsof the changes were made with the overcrowding in Greek prisons in mind. SYRIZA’s justice spokesman
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Parties return to campaign trail after Easter lull
PoliticsGreek Politics-European force in Greek politics, painting the opposition parties as reflexively Eurosceptic
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Poll numbers encouraging for Mitsotakis and Kasselakis on road to EP vote
PoliticsGreek Politicsis projected to win 11 pct, ahead of ultranationalist Greek Solution in fourth on 7 pct. The Communist Party
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Central govt debt drops to 405.54 bln in Q1, bonds rise by 3bln
EconomyMacroeconomy, of which 52.9 billion came from the Greek Loan Facility’s (GLF) bilateral loans attached to the first
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Credit growth unchanged in April at 4.5 pct, flow turns negative
EconomyMacroeconomyThe credit expansion in the Greek private sector was unchanged in April, rising by 4.5 percent year-on-year (YoY), Bank of Greece (BoG) figures released on Wednesday showed. At 6.3 percent, December’s 2022 growth was the highest since the summer of 2009. However, the trend had been moderating
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Campaigns reach conclusion as polls indicate surprises are unlikely
PoliticsGreek Politicsand PASOK on 11.7 pct. Ultranationalist party Greek Solution is seen receiving 8.7 pct, ahead
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New Democracy considers adjusting course after losses to right and centre
PoliticsGreek Politics. The largest of these parties, ultranationalists Greek Solution, took 5.3 percent of the ND vote, while
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Progressives mull cooperation but leadership issue poses a conundrum
PoliticsGreek PoliticsThere is unease among Greek progressives about how they should proceed following the European Parliament elections last Sunday delivered a result that highlighted their inability to challenge even a weakened New Democracy unless one of the centre-left parties overshadows the others
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