Greek Finance Minister: New bond issue probable in either June or July

Finance Minister Christos Staikouras said that Greece will probably tap the markets again within the next two months, in an interview with Action24 TV late on Wednesday, according to ANA.

Specifically, he said there will likely be a new bond issue in June or July while underlining the importance of “regular communication” with the markets. He explained that the funds raised from bond issues form part of the amounts spent on support measures. Given that not a single euro of European funds has flowed in so far, he added, the money comes from budget revenues, the cash reserves of government entities, and T-bills.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthymiadis


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