Greece’s return to capital markets imminent

Written by on April 7, 2014 in Business - Comments Off on Greece’s return to capital markets imminent

Greece is gearing up for a return to capital markets for the first time in four years, potentially in the next few days.

Borrowing costs have dropped remarkably for the country and the Greek government is eager to take advantage.

Greek Finance Minister Yannis Stournaras, who has declined specifying a date for Greece’s return to market borrowing, says “the global economy is closing in upon Greece in great self-confidence, while spreads continue to drop, and this is a very significant development.”

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