ELEFTHERIA KOURTALI

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Bond 11 times oversubscribed

Greece’s new 30-year bond created the second largest bid book since 2010, as demand exceeded 33 billion euros, covering the €3 billion raised 11 times, with the yield at 4.241% and the coupon at 4.125%.

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24.04.2024 / 04:00

Issue of new 30-year bond

Armed by the surprise move from Standard & Poor’s last Friday, upgrading Greece’s outlook to “Positive,” the Public Debt Management Agency is on Wednesday set to make its second major market foray for 2024, with a new 30-year bond.

20.04.2024 / 11:54

Clouds gather over Greek economy

Storm clouds are gathering over the Greek economy, at a time when, apart from the domestic challenges, the strengthening of external geopolitical tensions is creating a new scenario of uncertainty.

31.03.2024 / 08:40

Important decade for Greek debt

The European Commission considers the period between 2025 and 2034 to be high-risk and critical for the sustainability of the Greek debt.

20.03.2024 / 14:45

Why Moody’s kept its rating

Banks and the country’s fiscal position are the factors that prevented Moody’s from upgrading Greece to investment status last week.

17.03.2024 / 23:47

Less growth, numerous risks

The Bank of Greece has lowered its forecast for this year’s growth to 2.3% from 2.5% and is fully aligned with the latest estimates of the European Commission, against the budget’s estimate for 2.9%.

09.03.2024 / 17:56

Quick stock profits of 30%

The placements of Greek listed companies have proven a goldmine for investors, who enjoy profits of over 30% in a very short period of time.

27.01.2024 / 04:00

Stournaras sees ECB rate cut this summer

Bank of Greece Governor Yannis Stournaras has told Kathimerini he expects the European Central Bank to start reducing interest rates this summer, as inflation is easing much faster than expected.

19.01.2024 / 23:14

New York roadshow next week

A multitude of Greek listed companies will come on the radar of major international investors next week, at the Greece Investment Forum.

16.01.2024 / 06:30

Listings and bond issues are soaring

Greece’s investment grade recovery, combined with the start of the ECB’s rate-cutting cycle, is accelerating activity for listed companies.

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