Greek GAO foresees reduced state debt for 2019
A report by Greece's General Accounting Office this week foresees a reduction of the state's debt, both as an absolute number for 2019 and as a percentage of GDP.
- Written by E.Tsiliopoulos
A report by Greece's General Accounting Office this week foresees a reduction of the state's debt, both as an absolute number for 2019 and as a percentage of GDP.
Greece raised 1.5 billion euros from the reopening of a 10-year bond issue, with the yield of the bond set at an historic low of 1.5 pct. What is more important is the increased participation of institutional investors in the bookbuilding process that markedly limited the participation of hedge funds.
Terna Energy, last week, said that the completion of two significant investments in the Texas area is leading to a significant strengthening of the company's wind farm portfolio in the US.