The government has made a good start, Regling says
“I believe that the government has made a good start,” European Stability Mechanism (ESM) managing director Klaus Regling said on Sunday in an interview with ‘Kathimerini’ newspaper.
Asked about the 7-year bond issue, Regling said that it was another positive sign. The markets, he said, have confidence in the new government’s economic policies.
Regling estimated that the markets will continue to monitor developments closely, but at present they are positive. “It was a great success,” he stressed.
The managing director of ESM underlined that this proves once again that markets react positively in the right policies. “This can lead to a virtuous circle with lower interest rates. This can actually create some fiscal space. It can also increase foreign interest in direct investment in Greece. I believe the government has made a good start,” Regling said.
You may be interested
Yes, you may be reading the wrong horoscope & No, it isn’t NASA’s fault your zodiac sign changedPanos - Apr 21, 2021
There are actually 13 signs of the zodiac, and the Earth’s axis has shifted since the Babylonians codified the horoscope…
Shopping hours extended ahead of Easter, starting on ThursdayPanos - Apr 21, 2021
For shops in Attica, the Athens Chamber of Commerce has proposed that shop opening hours on Thursday, April 22, Friday,…
Coronavirus Greece: New shock with 3,789 new cases, 847 intubated, 87 deathsPanos - Apr 21, 2021
Greece announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 3,789, of which 7 were identified after…