Bailout

Dijsselbloem talks about more aid

Greece will likely require a third bailout package, Eurogroup chief Jeroen Dijsselbloem reiterated on Wednesday in an interview on Dutch TV.

Echoing his German counterpart Wolfgang Schaeuble, the Dutch finance minister said that the amount Greece will require and on what level the new assistance will be organized will be discussed during the summer.

German Finance Ministry plays down Schaeuble comments on third Greek bailout

The German Finance Ministry attempted on Monday to play down comments by Finance Minister Wolfgang Schaeuble that Greece would require a third bailout.

Schaeuble had suggested in an interview with Focus magazine that Greece would need assistance of less than 10 billion euros in the years to come.

PPC to issue corporate bond of 500 mln


By Chryssa Liaggou

Public Power Corporation is planning to tap the markets after Easter with the issue of a corporate bond to draw 500 million euros.

The Energy Ministry is also eagerly awaiting the issue, as it is hoping it will enable the full clearance of electricity market debts, which according to the bailout agreement is due by end-2014.

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