Arab Today, arab today greece considers new bond sale
Last Updated : GMT 16:59:01
Arab Today, arab today
Arab Today, arab today

Greece considers new bond sale

Arab Today, arab today

Arab Today, arab today Greece considers new bond sale

Athens - AFP

Greece is considering a bond sale to raise 3.0-6.0 billion euros ($4.2-8.3 billion) after a successful five-year issue earlier this month, the finance ministrysaid on Wednesday."The finance ministry ... is already processing and preparing a programme for thepossibility of a new recourse to markets for a sum of 3.0-6.0 billion euros," theministry said in a budget presentation.The bond issue is likely to be made over the next 12 months, alternate financeminister Christos Staikouras later told reporters.Greece earlier in April returned to medium-term international bond markets for thefirst time in four years, raising 3.0 billion euros at under 5.0 percent.The Greek government expects the country to return to growth this year from arecession which has slashed the country's gross domestic product by a quarter andsent the unemployment rate soaring to 28 percent.The government now hopes to begin debt relief talks in May with its EU-IMFcreditors after achieving a primary surplus last year.EU data agency Eurostat last week confirmed that Athens had achieved a 2013primary budget surplus -- the balance before interest and stripping out banksupport and other payments -- equal to 0.8 percent of GDP.However, Greek bonds still carry junk status, unemployment is soaring, and Athensis still saddled with a debt mountain equal to 175 percent of GDP, according to Eurostat.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece considers new bond sale Arab Today, arab today greece considers new bond sale

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece considers new bond sale Arab Today, arab today greece considers new bond sale

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: قضايا ساخنة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday