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T-Bill Auction Drums Up €812M for Greece
Greece made €812.5 million ($1 billion) in an auction of treasury bills on Wednesday, according to the Public Debt Management Agency (PDMA).
The PDMA in...
Greece to Launch 12-Month Treasury Bill Auction
Greece will auction a 12-month Treasury bill issue next Wednesday, the first such auction to be held since April 2010.
The move is designed to...
Greece Planning €19B 'Safety Net' to Avoid More Loans
Greece is drawing up plans for its own €19-billion ‘safety net’, to avoid the need for more credit from international lenders, Athens' finance minister...
Latest Greek Treasury Bills Sale Secures €1.13 Billion
The Greek government raised 1.138 billion euros (1.36 billion U.S. dollars) on Wednesday during the latest six-month treasury bills sale, the Greek Finance Ministry...
FEINTS: Greeks Spend Over 40% of Income on Monthly Housing Costs
The European Federation of National Organizations Working with the Homeless (FEINTS) recently did a survey which revealed that Greeks are spending more of their...
Greek Banks Resume T-bill Interbank Transactions
Greek banks have resumed T-bill transactions in the interbank market after a long period of exclusion, a Kathimerini newspaper report says.
According to the report,...
ECB's Draghi Calls for 'Strong Agreement' With Greece
Following the European Central Bank's Governing Council meeting on Wednesday, Mario Draghi called for a "strong agreement" between Athens and its bailout lenders, saying...
Tsipras Changes Course in Negotiations, Aims at Final Deal for Greece
Prime Minister Alexis Tsipras has decided that an intermediate deal will not benefit Greece at the moment and is now changing course in negotiations...
Moody's Downgrades Greece's Government Bond; Outlook Negative
Moody's Investors Service has today downgraded Greece's government bond rating to Caa2 from Caa1. The short-term rating is unaffected by this rating action and...
Greece: Deal with Creditors or Face Disaster, Bankruptcy and the New Drachma
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Within a few weeks, Greece will not be able to pay salaries, pensions and loan obligations to the International Monetary Fund and other lenders, unless a bailout deal is reached.


