Greece: Mapping a Path Forward

Greece has, for the first time, completed its obligations promptly, thus paving a path for a successful completion of its third, ESM (European Stability Mechanism) – backed programme in August 2018. Although the conclusion of the third review still requires the timely implementation of a difficult set of prior actions, both the Greek government and […]

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Greece to Re-Access the Markets?

Greece is predictably keen to finance itself on international bond markets, capitalising on renewed and growing investors’ interest in the country’s prospects and their search for yield given current levels of excess liquidity. Interest rates on Greek bonds have fallen sharply, following the adoption of a new round of reforms and austerity measures which paved […]

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