Despite uncertainties in the international scene, the the Greek economy is showing positive developments, head of the Parliament’s Budget Office Fragiskos Koutentakis said on Tuesday, according to ANA.
The Budget Office director said that the main positive developments recorded in the report are as follows:
– The primary surplus of the 2018 budget was 700 million euros higher than in 2017.
– The issuance of the Greek government’s five-year bond in January was successful, not only because it secured a reduced interest rate and was welcomed with high demand, but also because the buyers’ composition improved. Also, lately and due to the normalization of the situation in Italy, yields on Greek ten-year bond are consistently below 4%.
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