Barclays

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BARC

Croatia Plans to Raise Billion Euro From Bonds

Croatia plans to raise cash by selling an additional billion euro of state bonds.

The economy ministry has commissioned four top banks - Barclays, Erste Group, JPMorgan and UniCredit - to arrange the issue of this new edition of euro bonds.

The Minister of Economy, Boris Lalovac, first announced this new edition of euro state bonds back in December.

Tennis: Tecau and Rojer qualify to semifinals of Paris-Bercy Masters tour

The pair formed by Romanian tennis player Horia Tecau and Dutch player Jean-Julien Rojer has qualified, on Thursday, for the semifinals of the doubles' event of the 2,884,675-dollar Paris-Bercy tournament (ATP World Tour Masters 1000), thanks to the victory by 5-7, 6-1, 10-6 against pair formed by Eric Butorac (USA)/Raven Klaasen (South Africa).

Tennis: Tecau and Rojer, qualified for quarterfinals of Paris-Bercy tournament

The pair formed by Romanian tennisman Horia Tecau and Dutch player Jean-Julien Rojer has qualified, on Wednesday evening, in the quarter finals of the doubles' event of the Paris-Bercy tournament (ATP World Tour Masters 1000), securing also their presence in the Barclays ATP World Tour Finals in London.

Index up but some banks take a beating

After a rather energetic start, local stocks saw little in the way of action on Wednesday, as the main index edged slightly higher and trading volume registered its lowest level in seven sessions.

The Athens Exchange (ATHEX) general index ended at 1,152.32 points, mighty close to the day’s low but still increasing by 0.19 percent from Tuesday’s 1,150.17 points.

New bond issue planned for end-April


 Timing will depend on the spread between Greek and Portuguese yields

By Sotiris Nikas

The government is moving ahead with its plan for emancipation from its international creditors through the issue of new sovereign debt, with the Finance Ministry speeding up its efforts so that the bonds can be successfully issued at the end of April.

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