Still unable to make a full return to markets nearly a year after the end of three international bailouts of 326 billion euros ($365.46 billion) the sale of a 7-year bond shows Greece is on a path to bring investors back, new Prime Minister Kyriakos Mitsotakis said, according to thenationalherald.com.
Promising to bring more foreign businesses to the country – but not yet meeting his promise to immediately restart the long-delayed $8 billion development of the abandoned Hellenikon International Airport, Mitsotakis pointed out the bond sale was “a vote of confidence in Greece’s growth prospects,” and would spur a slowly-building recovery.
This time, however, the rates were more favorable and the bond for a small test of 2.5 billion euros ($2.8 billion) another sign the country was moving toward trying to get more international financing for government operations.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
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