Bastian, J., (2014), “Greece’s return to capital markets: Why not try a diaspora bond first?”, macropolis.gr, 4 Μαρτίου.
Greece’s return to international capital markets during the course of 2014 is currently the talk of town in Athens. Sandwiched between Greece’s six-month EU presidency and reports of a primary budget surplus, whose size appears to be changing on a weekly basis, the objective of returning to capital markets is taking on ever more significance.
Government ministers and financial sector representatives are primarily articulating this course of action. They emphatically proclaim that – after a four-year hiatus – the time has come. In their view Greece’s emerging economic stability and newfound fiscal seriousness are two key policy achievements that pave the way to test foreign investors’ appetite for Greek risk with the issuance of new sovereign debt.
Σχετικές Αναρτήσεις
- Onado, M., (2014), “European banks: Between a rock (need of more capital) and a hard place (low profitability)”, VoxEU, 23 Φεβρουαρίου.
- European Central Bank (2014), “Monetary Developments in the Euro Area, January 2014”, Press Release, Φεβρουάριος.
- Pilkington, P., (2013), “The Continued Relevance of Tax-backed Bonds in a Post-OMT Eurozone”, Levy Economics Institute, Policy Note 2013/10, December.