Greece to borrow 3bn euros at 3.5% from markets

8 February 2018
99 Views

Greece will borrow 3 billion euros at a 7-year 3.5% yield after the offer book closed with bids close to 7 billion euros.

Top sources in the Greek Finance Ministry expressed their satisfaction over the outcome of the offer.

Their satisfaction with the outcome of the offer book was the highest source of the Treasury.

Following his meeting with European Commissioner for Economic and Financial Affairs Pierre Moscovici, Greek Finance Minister Euclid Tsakalotos said: “We proved today after going to the markets that not only can we raise money, but we can do it under conditions that are not ideal” explaining that there was widespread turmoil in international markets over the past few days.

You may be interested

Regling: “We are ready to ease the Greek debt”
FINANCE
shares44 views
FINANCE
shares44 views

Regling: “We are ready to ease the Greek debt”

makis - Feb 23, 2018

Technical work has begun to determine whether Greece will need a debt relief after an expected exit from the rescue…

Turkey threatens violence against Italian drill ship anew in Cyprus!
GREECE
shares54 views
GREECE
shares54 views

Turkey threatens violence against Italian drill ship anew in Cyprus!

makis - Feb 23, 2018

Turkey continued its belligerent stance off the coast of Cyprus on Friday, as it openly threatened violence against the Italian…

Greek PM Tsipras met with German Chancellor Merkel on EU Summit sidelines
POLITICS
shares48 views
POLITICS
shares48 views

Greek PM Tsipras met with German Chancellor Merkel on EU Summit sidelines

makis - Feb 23, 2018

Greek PM Alexis Tsipras met with German Chancellor Angela Merkel on the sidelines of the Brussels EU Summit, Thursday. According…

Leave a Comment

Your email address will not be published.