“The government has made a good start,” European Stability Mechanism (ESM) managing director Klaus Regling noted on Sunday in an interview with ‘Kathimerini’ newspaper.
Asked about the 7-year bond issue, Regling pointed out: “The bond sale is another positive sign. Markets have confidence in the economic policies of the new government. Of course, they will follow developments very closely and monitor the decisions taken. But at the moment they are positive. It was very easy to sell 2.5 billion euros in bonds. There were bids for 13 billion euros, so it was more than five times oversubscribed. The interest rate is below 2 percent. That was a big success.”
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
Photo Source: Wikimedia Commons License: CC-BY-SA
