Streams

Greece Returns To World Markets For First Time In Five Years

Thursday, April 10, 2014

Greece’s finance ministry says its first return to the markets in four years has seen strong demand, with the country raising $4 billion through five-year bonds at a coupon rate of 4.75 percent.

Today’s bond sale is Greece’s first since 2010, when it became locked out of the international debt market by excessively high interest rates due to a severe financial crisis. It has been relying on international bailout funds ever since.

The BBC’s Andrew Walker joins Here & Now’s Jeremy Hobson to discuss the bond sale. He’ll also talk about a suspected domestic terrorist attack just this morning, when a car bomb exploded outside a Bank of Greece building in Athens. No one was injured.

Guest

  • Andrew Walker, BBC economics editor in London.
Copyright 2014 WBUR-FM. To see more, visit http://www.wbur.org.

Source: NPR

Tags:

The Morning Brief

Enter your email address and we’ll send you our top 5 stories every day, plus breaking news and weather.

Leave a Comment

Email addresses are required but never displayed.