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Global Markets

Greece Aims to Raise Money from Capital Markets by Issuing New 7-Year Bond

Greece opened a book-building process for a seven-year syndicated bond on Holy Wednesday. The Greek government ordered Citi, Commerzbank, Credit Suisse, Morgan Stanley, Nomura and Societe Generale banks to issue the new seven-year bond, as Athens takes action to strengthen...

Greece's Economy Establishes Positive Outlook in Global Markets

Greece's economy has slowly but steadily entered the zone of seeing its solvency being upgraded by major global credit rating agencies, after several years of a financial meltdown and harsh conditions. Following the recent upgrades of its solvency and its...

Greek Bond Rally Continues, 10-Year Yield At Lowest Level Since 2005

Thursday brought some good news for the Greek economy as the country's government bond yields continued their downward trend, reaching the lowest levels seen in more than thirteen years. More specifically, Greece's 10-year bond yield reached 3.36 percent, which is...

Talagani Cheese from Southern Greece Triumphs in Global Markets

By Ingka Athanasiadou The 100% sheep’s milk named Talagani Cheese comes from Messinia, in the Peloponnese of Southern Greece. Produced by farmer Costas Apostolou and his wife Eleni Apostolou on his family-owned farm, it is made by hand using traditional...

Greek Clothing Stores Triumph in Global Markets

Despite the economic turmoil in Greece, Greek clothing stores have managed to enter global markets successfully. Many Greek companies have already established branches around the world. In particular, the Attrattivo Group leads the Greek market in young women's apparel and...

Global Markets Rattled by Greek Referendum

Stock markets around the world plunged today after Greek Prime Minister George Papandreou said he will hold a high risk referendum on the country's participation in the European bailout package. The Dow Jones industrial average is down more than 260...