Greece Targets Bond Sale Before Euro Elections: Minister
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Greece will probably sell bonds for the first time in four years before May as the nation seeks to rebuild its finances following an international bailout, Infrastructure Minister Michalis Chrisochoides said.
“We will get the next loan tranche, the country will return to markets, with a slightly high interest rate, which will fall after, and Greece won’t remain in this drama of quarterly troika reviews,” Chrisochoides, 58, said in an interview in Athens yesterday. The sale will be part of “a series” of positive developments before this May’s European Parliament elections, he said.