Greece is the New China! (that’s not a good thing)

- April 13, 2014

Senor, is this about production of a show by means of placebo effects, market trajectory, the Greek Bond oversubscription, the failed Chinese Bond Auction, and Mr. Nitup? What a week! It had everything. The Greek bond offering was oversubscribed four times while the Chinese bond auction failed!

Greek Kiosks On The Way Out

- April 11, 2014

Another piece of Modern Greece’s cultural heritage, the little street kiosks known as Periptera, will become a thing of the past.

Greece Returns To Bond Markets With Big Bang

- April 11, 2014

Buoyant Greek officials hailed the country’s return to the international debt market after four years as an overwhelming success, with investors snapping up the five-year bond in a sale that was eight times oversubscribed. The Finance Ministry said it had raised 3 billion euros ($4.14 billion) with a 4.75 percent rate, better than the 5 percent goal.