Government debt

Fourteen years after a debt crisis that saw Greece nearly crash out of the euro, single parent Niki Klaoudatou says she worries more about money now than she did during the worst years of the country's economic meltdown.

The Public Debt Management Agency announced on Wednesday it auctioned 13-week treasury bills and raised 812.5 million euros, reaching up to €1 billion with the inclusion of non-competitive bids on Thursday.

Bids totaled €1.279 billion and the coverage ration was 2.05.

The uniform yield reached 3.20%, up from 3.04% in the previous such auction on April 5.

The Public Debt Management Agency (PDMA) is auctioning 13-week treasury bills to the amount of 625 million euros in book entry form on Wednesday, with maturity on August 4.

The settlement date is this Friday.

The new financial rules proposed by the European Commission on Wednesday put Greece and the rest of the European Union in a new framework of fiscal discipline as of 2025, with greater flexibility in terms of the rate of reduction of public debt compared to the existing rules, along with reform requirements.

The Public Debt Management Agency announced on Wednesday it has successfully auctioned 26-week treasury bills and accepted 812.5 million euros, with a uniform yield of 3.50%, up from 3.15% in the previous such auction on March 29.

The settlement date is this Friday. 

The European Commission proposed on Wednesday that, under a reform of the EU's fiscal rules, governments should ensure public debt falls over four years and stays on a downward path for a decade afterwards.

The reopening of a 10-year Greek bond issue was more than five times oversubscribed during an auction held on Wednesday. 

The Public Debt Management Authority said that bids totaled 1.7 billion euros, significantly up from the €300 million asked. 

The Public Debt Management Agency announced last Friday that it will auction 13-week treasury bills in book entry form, to the amount of 625 million euros, on Wednesday. 

The issue will mature on July 7 and the settlement date is this Friday.

LEBANE - Serbian PM Ana Brnabic said on Friday the state coffers were stable and that the 2022 GDP amounted a record-high 60.3 bln euros.

Constantinos Herodotou, governor of the Central Bank of Cyprus (CBC), has called for the preservation of fiscal space, as economic prospects are deteriorating due to Russia's war in Ukraine.