Greek Prime Minister Antonis Samaras on Thursday hailed the country’s return to the international markets, following a four-year absence, via a bond sale of 3 million euros.
In a televised address, the premier noted that the bond sale had “exceeded expectations,” and was “a sign of trust in the Greek economy and its ability to overcome the crisis.”
The Greek finance ministry on Thursday announced that the country had raised the sum through five-year bonds at a coupon rate of 4.75 percent. According to the ministry, nearly 90 percent of the bond sale was to international investors.
In his speech, Samaras thanked MPs who backed bold decisions in spite of the political cost attached to them and referred to the sacrifices made by the Greek people. He also spoke of those who seemed “upset” that the country had succeeded.
He also highlighted the “unifying spirit” of the coalition government, noting that this had been a key factor with regard to the country’s successful market comeback.