Cyprus Plans Public Market Reentry
Cyprus is devising a benchmark public debt purchasing; if it succeeds the act would result in the swiftest reentry into the bond market by a state after a monetary rescue.
IMF Warns Greece
Today, the International Monetary Fund stressed that Greece is required to increase its public sector effectiveness in order to make fiscal goals and not require new austerity protocols.
Gikas Hardouvelis Appointed New Finance Minister
Today, Greek Prime Minister Antonis Samaras has reshuffled his administration, and replaced Finance Minister Yannis Stournaras with Eurobank Chief Economist Gikas Hardouvelis.