Greece Issues T-Bills Worth 500 Million Euros on January 18th

Greek Public Debt Agency will proceed with the auction of 13-week treasury bills worth EUR500mn on January 18th, according to a statement on Friday. Settlement...

2nd Regional Greek & Turkish Business Forum Begins in Komotini

The second Regional Business Forum between Turkey and Greece began in Komotini, Western Thrace on Friday, Anatolian news agency reports. The forum was jointly organized...

S&P: 40% Probability Of Greece Defaulting On Its Debt

Rating agency Standard & Poor’s said that there is a 40% probability that Greece may have to restructure its debt, according to Dow Jones...

Unemployment Rate Reached 13.5% In Oct 2010

Hellenic Statistical Authority announced on Thursday that the unemployment rate in October 2010 increased to 13.5% compared to 9.8% in October 2009 and 12.6%...

Consumer Price Index Rose By 5.2% In Dec 2010

The Hellenic Statistical Authority announced on Tuesday that the Consumer Price Index recorded a rise of 5.2% in December 2010 compared with December 2009. The...

Greece Sells EUR1.95bn T-bills, Interest Rate At 4.90%

The Greek Public Debt Management Agency said it sold EUR1.95 billion of 26-week treasury bills with Greece paying a yield of 4.90% during the...

Jan.-Dec. 2010 Budget Reduced By 36.5%, Beats Target

State budget deficit for the period January-December 2010 is EUR19.603mn, reduced by 36.5% compared to EUR30.871mn in 2009, the Ministry of Finance announced on...

Greek Bond Spreads Hit New Record

Greek 10-year spreads hit another record high amid volatility and just ease off their new record, exceeding benchmarch German bond rates by 10 percentage...

“Sovereign Risk Report” Ranks Greece as Most Risky Nation

Greece tops the list of the ten most risky sovereign countries seen as most likely to default on debt and unable to honor its debt...

Greek Investment to Inject 4 Billion Euros in Economy

Greece will announce investment worth 4 billion euros ($5.2 billion) in March under a plan to inject liquidity into Greece’s economy, the Athens News...

Greece will Issue 6 Month T-Bills Worth 1.5 Billion Euros

Greece on Friday said it would issue next week a batch of six-month treasury bills worth 1.5 billion ($1.97 billion).  This is the largest offering...

Greece Isn’t in Debt Restructure Talks, Minister Tells Reuters

Greece isn’t in talks with creditors on restructuring its debt, Reuters news agency said, citing an interview with Finance Minister George Papaconstantinou. Papaconstantinou said talks...

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