Athens reverts to ‘cautious mode’ following speculation of return to capital markets

13 July 2017
227 Views

The Tsipras government on Wednesday attempted to allay concerns that it is even considering a “surprise” return to capital markets, speculation that was fueled by a handful of high-profile statements referring to the very prospect by top ministers this month.

After several “trial balloons” in the form of mostly vague but rosy references, an unnamed government source on Wednesday was used to lower expectations and return to a “cautious mode”.

“The government is listing to all views and ‘advise’, it has a plan and patience, with the long-term goal being the opportunity for a stable and maintainable access of Greek bonds to the markets, in the summer of 2018.”
The source directly cited the period when the current Greek bailout program ends, i.e. August 2018, whereby the Greek state will have to seek financing from non-institutional lenders.

You may be interested

Avramopoulos: Schengen’s integrity is crucial
POLITICS
shares47 views
POLITICS
shares47 views

Avramopoulos: Schengen’s integrity is crucial

makis - Nov 23, 2017

The European Commissioner for Migration, Home Affairs and Citizenship, Dimitris Avramopoulos, was present in the Celebration of the entry into…

Bodies found on Lesvos belonged to Turkish family escaping Erdogan regime
GREECE
shares66 views
GREECE
shares66 views

Bodies found on Lesvos belonged to Turkish family escaping Erdogan regime

makis - Nov 23, 2017

The mystery of the identity of three bodies that had recently washed up on the shores of Lesvos at the…

PAO basketball player Nick Calathes sentenced to 6 months in prison
GREECE
shares48 views
GREECE
shares48 views

PAO basketball player Nick Calathes sentenced to 6 months in prison

makis - Nov 23, 2017

Greek basketball player Nick Calathes was sentenced to a 6-month prison term with a 3-year suspension after the 4th One-Member…

Leave a Comment

Your email address will not be published.