financial markets

Turkey's lira skidded an incredible 15% on Tuesday as the nation weathered another drop in the value in its currency, amounting to 45% over 2021. Constituting its second-worst day in history, the lira took a nosedive after Turkish President Recep...

Greece has for the first time in history borrowed money with a negative interest rate, it was made public on Wednesday. According to a statement issued by the country's Public Debt Management Authority, during Wednesday's three-month T-bill auction, the country...

Greece managed to tap €1.5 billion on Tuesday from global financial markets after it reopened its 10-year bond to take advantage of the new, extraordinarily low interest rates. According to reports, more than 5.4 billion euros were offered to Greece,...

With the old American saying "even turkeys fly in a strong wind", Professor of Economics Nicholas Economides described Tuesday’s foray into the international markets by Greece, the first in three years. In an exclusive interview with the Greek Reporter, Economides...

Greece has made a return to the financial markets, by selling €3 billion worth of its new five-year bond, at a yield (or interest rate) or 4.625%. That’s lower than the 4.95% that Greece last sold five-year bonds for, in...