Eleftheria Kourtali

The Greek market is unable to capitalize on the success story of the economy.

Key rating agencies have granted Greek banks a strong vote of confidence.

Selling pressure on banks and telecoms company OTE led the Athens Stock Exchange to close marginally lower Thursday, despite strong gains in other European markets.

The Athens Stock Exchange went through a third consecutive session with losses on Friday.

The government is ending all talk of “what will happen after 2032” with the Greek debt.

Greece is about to get the nod from the European Union for the early repayment of the three installments of bilateral loans, as well as for the use of the “hard” cushion, in the next 24 hours, with the payment to follow by December 12, giving a strong message to the markets that the country is “aggressively” reducing its debt and continuously improving its fiscal position.

The Greek state will proceed with one or – at most – two new bond issues in 2025, depending of course on market conditions, with a new 10-year note being certain.

Greece will tap the markets for up to 8 billion euros next year, much less than its borrowing needs, thanks to the funds that will continue to flow into the economy and the targeted use of high cash reserves to reduce debt.

Greece is planning for an immediate sale of 10-year debt ahead of the White House change

Issue of 10-year debt fetched 4 bln euros after gathering offers 10 times higher in total