Greek Crisis Legacy Tests Samaras Bid to End Market Exile
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Antonis Samaras’s mission to end Greece’s exile from bond markets faces a reality check this week as data show how deeply the economy remains mired in deflation with the worst jobless rate in the euro area.
Fresh from his success last week in securing the release of bailout aid, the Greek prime minister’s ambition to tap investors is chafing against the legacy of his country’s debt crisis. Statistics due April 10 will show unemployment above 27 percent and consumer prices falling from a year earlier for a 13th month, according to Bloomberg surveys of economists.