Finance

Another day, another low for bond yields

Greek bonds have evolved into the perfect refuge for investors amid concerns in the global economy, and into a focus of attention regarding their improvement prospects, leading to the pursuit of Greek returns. Many investors who missed out on last year's rally have noticed the positive outlook and are rushing to jump on the bandwagon ahead of further credit rating upgrades and inclusion in the

FinMin-designate Florin Citu: We must sort out deficit issue if we want lower interests

In order to have lower interests, Romania must sort out the deficit issue, Finance Minister Florin Citu said on Thursday; he also stated that this year the budget deficit stays at 3.6 percent of GDP and will fall below the 3 percent threshold in 2022. "Mr. central bank governor Mugur Isarescu is largely right: in Romania, the issue is not directly the interests, but the deficits.

PM says Greece on growth trajectory after successful market foray

Greek Prime Minister Kyriakos Mitsotakis and the foreign press hailed the record-breaking yield for the 10-year benchmark bond, which on Wednesday's domestic electronic secondary bond market fell below 1 percent.

In a tweet on the prime minister's account, Mitsotakis said that "Greece is now on a growth trajectory," making the country a "great opportunity for global investors."

NSSI: Average Insurable Earnings in Bulgaria for December 2019 was BGN 1,063.32

The National Social Security Institute (NSSI) has reported that the average insurable earnings in Bulgaria for December 2019 was BGN 1,063.32, said the NSSI press office, Focus News Agency reported.
The average monthly insurable earnings for the period from 01 January 2019 to 31 December 2019 stood at BGN 986,52.

Greek 10-year bond yield drops below 1 pct for first time

Greece's benchmark 10-year government bond yield fell below 1 percent for the first time on Wednesday, marking a milestone for a country bailed out three times in the last decade.

The Greek 10-year bond yield fell to as lows as 0.992 percent, Tradeweb pricing showed GR10YT=TWEB, dropping below 1 percent for the first time ever.

Half of all protected debtors viewed as strategic defaulters

One in every two borrowers who have come under the protective umbrella of the Katseli law is a strategic defaulter, while there are similar indications about one in every three debtors who entered the existing platform for the protection of their main residence, and for one in every three whose properties are set to be auctioned, as they find the money to pay off their dues, Finance Minister Ch

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