Economics
Risks at Home Mount for Greece in Its First Post-Bailout Year
- Campaign-trail handouts, bad loans cloud country’s outlook
- Europe’s most indebted state tries to regain investors’ trust
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After emerging from its steepest economic crisis in living memory, Greece still has a mountain to climb in 2019 if it’s to consummate its comeback with a sustained return to bond markets.
The government plans to issue as much as 7 billion euros ($8 billion) of new debt this year, using part of its cash buffer to repay some International Monetary Fund loans early. The finance ministry could test markets with a short or medium-term note as soon as this month if market conditions allow it, according to a person familiar with the matter.