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Economy

Greek 30-Year Bond Issue Attracts Strong Demand

ATHENS — Greece's 30-year bond issue is attracting strong demand, with bids exceeding 17 billion euros while the interest rate of the issue eased to 150-155 basis points plus Mid Swap from 160 bps in the opening of the book-building process on Wednesday.

The Greek state returns to international capital markets with a 30-year bond taking advantage of a positive climate prevailing in markets following a decision -last week- by European Central Bank to accelerate bond purchases from the second market . Greece's previous exit in capital markets was in January with a 10-year bond which attracted bids more than 29 billion euros and the Greek state raising 3.5 billion euros. Greece has agreed an early repayment of part of IMF's loans, worth 3.3 billion euros in March. Greece's borrowing program envisages raising 8-12 billion euros from the market this year, a sum which could be easily covered with the contribution of the European Central Bank which could buy Greek bonds of a nominal value of 16 billion euros, adding to its portfolio of Greek bonds worth 19 billion euros it already has.

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ATHENS - Amid complaints that letting rich foreigners qualify for Greek Golden Visas by buying property has dried up supplies and driven up rents and purchase prices, more investors want to take advantage of putting money in bank deposits.

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1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

Licensing your intellectual property rights (IP) to a third-party as an additional source of revenue through the commercial exploitation of your IP or for expansion purposes can be an effective strategy to grow your business and extend your reach.

Cyprus and the European Parliament weren’t ready for Fidias Panayiotou, who had no qualifications to run for a seat in the 720-member body, which made him more qualified than most of the people in there.

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Joseph Kenworthy was a British member of parliament who disliked and distrusted prime minister David Lloyd George’s Near East foreign policy and support of the Greeks.

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