Greek unions on April 9 held an anti-austerity general strike that halted train and island ferry services and disrupted public services.
Greece is regaining “lost credibility” shredded after the economic crisis, making a return to the bond markets possible for the first time in four years.
Prospects for a Greek recovery are seeing investors returning in the hopes profits will too, Piraeus Bank Chairman Michalis Sallas says.
Finance Minister Yannis Stournaras said Greece is testing the waters before returning to the bond markets soon.
Despite a pending 8.3 billion euro installment and primary surplus, Greece may need a third bailout, German Finance Minister Wolfgang Schaeuble says.
German Finance Minister Wolfgang Schaeuble said Greeks deserve praise for putting up with austerity but can’t blame the EU for their plight
Despite some good economic news, the ratings agency Moody’s said it would postpone its assessment of Greece until August.
Long-awaited talks between Greece and its rescue creditors to make the country’s debt sustainable could start as early as next month.
The Big Greek Rally seems underway, at least among investors and speculators, as the 10-year yield fell to a four-year-low of 6.19 percent on April 2.
Greece will tap bond markets in the next three months for the first time since it needed international rescue loans in 2010, the finance minister said.