GREEK NEWS

Moscovici sees reasonable interest rate for 5-year bond

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European Commissioner for Economic and Financial Affairs Pierre Moscovici sees a reasonable interest rate for the 5-year bond issued by the Greek government.

Moscovici noted that Greece can turn a page adding that time has come to end austerity and focus on growth.

The Commissioner focused on a series of positive developments such the conclusion of...

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Deutsche Welle: Greece attempts to return to bond markets

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Greece is trying its first return to the debt markets in three years on Tuesday, testing the waters to see if it can begin to wean itself off bailout loans from international lenders after tough reforms.

The auction of five-year government bond is being overseen by a consortium of leading bankers from BNP Paribas, Citigroup, Deutsche Bank, Goldman...

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Athens Stock Exchange welcomes Terna Energy bond issue

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Athens Stock Exchange on Monday welcomed Terna Energy Finance (a member of Terna Energy Group and guarantee of the bond issue) in the framework of the listing and trading of the company’s bond loan, the sixth corporate bond to be listed in the Athens Stock Exchange in the last year.

Iacovos Georganas, president of Athens Exchange Group, said: “All m...

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Greece announces new notes offering

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The Hellenic Republic announced on Monday a new notes offering.

“The Republic announces today that it intends to offer new euro-denominated fixed rate notes due 2022,” according to an announcement posted on Hellenic Exchange website.

BNP Paribas, Citigroup Global Markets Limited, Deutsche Bank Aktiengesellschaft, Goldman Sachs International Bank,...

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Incoming tourist traffic up 2.5 pct in Jan-May 2017

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Incoming tourist traffic increased 2.5 pct in the five months from January to May, rising to 4.584 million travellers from 4.475 in the same period in 2016, the Bank of Greece said in a report on Monday.

Tourist traffic arriving through Greek airports rose 8.4 pct while that arriving by road fell by 9 pct, the report said.

Travel from EU28 countries...

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Schaeuble: Greece is on a good path

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“Greece has implemented many reforms and is on a good path,” German Finance Minister Wolfgang Schaeuble said on Monday in an interview with Bild newspaper.

The most dramatic moment over the last four years was the dispute over the program for Greece in the summer of 2015 when the country had to close its banks, he said adding that “on that day we h...

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Greek budget showed primary surplus of 1.936 billion euros in H1

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Greek state budget recorded a primary surplus of 1.936 billion euros in the January-June period from a primary surplus of 1.632 billion in the same period last year and a budget target for a surplus of 431 million euros.

The general government’s deficit was 1.596 billion euros in the first half from a shortfall of 1.852 billion last year and a b...

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