Greece
Greece
“Una Faccia, Una Razza”: The Bonds That Bind Greeks and Italians
Greeks and Italians have so much in common, that one would need years to itemize each aspect of the bonds they share.
Business
Greece Raises $3 Billion by Reissuing 5-Year and 30-Year Bonds
Greek Finance Minister Christos Staikouras announced the successful reissue of Greece's 5-year and 30-year bonds. These bonds allow investors to invest in the Greek government's sovereign debt for the next 5 or 30 years, depending on which bond they...
Greece
Historic Bonds Between Greece and Armenia Remain Unbroken
The recent armed conflict between Armenia and Azerbaijan in the disputed Nagorno-Karabakh area has Greece siding with the Armenians, as Turkey has firmly planted itself on the side of the Azeris.
Greece has centuries-old bonds of friendship with the eastern...
Diaspora
Greek Grandparenting From a Distance: Coronavirus Challenges Precious Bonds
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By Ada Leivada
“...the miracle of medicine in 2020 is to extend the quality of life of people, many of whom are our mothers and fathers, our grandmothers and grandfathers. We honor and respect everybody. But most importantly we honor...
Economy
Eurozone Accepts Greek Government Bonds as Collateral
Greece welcomed a decision by the European Central Bank on Tuesday to accept Greek government bonds as collateral as a move “that will further boost liquidity in the economy.”
"We welcome the ECB's decision to accept Greek government bonds as...
Economy
Greek Bonds Drop Below 1% Milestone For the First Time in History
Greece's 10-year state bonds broke into new historic record-low territory on Wednesday, dropping below the one-percent milestone for the first time in history.
The country's 10-year bonds were trading at a yield of 0.962% on Wednesday afternoon, down from 1.08%...
Greece
”Una Faccia, Una Razza”: The Fascinating Story of Greco-Italian Bonds
Greeks and Italians have so much in common, that one would need years to itemize each aspect of the bonds they share.
Economy
Greece Will Receive €1 Billion of Profit Returns on Greek Bonds
Greece is expected to receive €1 billion ($1.13 billion) of profit returns on Greek bond holdings in 2019, the Managing Director of the European Stability Mechanism Klaus Regling stated on Monday.
While addressing journalists after the conclusion of the Eurogroup meeting,...
Economy
Greek Bank Shares Drag Down the Athens Stock Exchange, State Bonds Reach 4.66%
The turmoil in the Italian economy and the deterioration of Greek state bonds dragged down the Athens Stock Exchange on Monday, with the General Index showing a 2.61 percent loss to 641.79 points.
Once again, Greek bank shares led the...
Cyprus
ECB Begins Cyprus Bonds Purchases Following Investment-Grade Upgrade
The European Central Bank (ECB) recommenced purchases of Cypriot government bonds following the upgrade of Cyprus credit rating to investment-grade by Standard and Poor’s.
Purchases of Cyprus bonds by the ECB in the context of the ECB’s Public Sector Purchase...
Economy
Greek Bonds Rated 'Investment' Grade for First Time Since Crisis
Standard & Poor's have announced the upgrade of National Bank of Greece's three-year covered bonds worth €750 million ($881 million) to the BBB- credit rating, four notches above the country's credit rating.
According to economic analysts, this rating covers not...
Economy
Greece Sees Positive News on Bonds, Deficit
The optimistic outlook about the future of Greece's economy after S&P's upgrade on Friday continues with good news on two fronts: Greek short-dated bond yields and the country's account deficit.
Short-dated government bond yields fell on Monday following a decision...
Economy
National Bank of Greece Plans to Issue First Market Bonds in 3 Years
National Bank of Greece has announced plans for a euro covered benchmark, the first Greek bank bond in the public market since 2014, and a crucial step in normalising its funding after years of costly central bank support.
The three-year...
Economy
ECB Still Looking for 'More Clarity' on Greek Debt Relief Before Buying Gov't Bonds, Source Says
A recent report by Reuters said that what kind of debt relief Greece will be granted by its international lenders is something which the European Central Bank (ECB) is still looking for more clarity on, according to a source...
Economy
Greek Cabinet Reshuffle Makes Sovereign Bonds Soar
The move by Prime Minister Alexis Tsipras to cleanse his cabinet of hard-left ministers has prompted a surge in market confidence, with bonds soaring to three-month highs on Monday morning, The Guardian says.
After the reshuffle, in which Tsipras got...