Greece

Editorial: No more lost opportunities

The international press due to the performance of Greek bonds has lavished praise on the Greek economy.

What was just one year ago considered inconceivable has been attained.

The return on the Greek 10-year bond in one trading session fell to under one percent - a new record low.

The decrease in the cost of borrowing has a positive multiplier effect for Greece.

Athanassios Randos appointed head of Council of State

Athanassios Randos has been appointed president president of the Council of State, Greece's top administrative court, it was announced Thursday.
His appointment was made on a recommendation by Justice Minister Costas Tsiaras.
Randos had until now served as vice-president.
Randos replaces Katerina Sakellaropoulou who was recently elected Greek President.

Dendias briefs parties on regional developments

Foreign Minister Nikos Dendias on Wednesday briefed party representatives οn the situation in the Southeast Mediterranean and Turkey's activities in the region, during a meeting of the National Council of Foreign Policy.

Speaking after the meeting, Dendias said that "Greece remains committed to keeping communication channels open" with Turkey.

Piraeus Bank opens books for 10-year Tier 2 note

Piraeus Bank, Greece's largest lender by assets, on Wednesday opened books for a 10-year Tier 2 bond issue, aiming to raise about 500 million euros ($546 million), a source close to the deal said.
"Piraeus Bank is opening books for a 10-year issue, aiming at about 500 million euros," the source told Reuters.
Pricing is seen in the low 6 percent range, the source added.

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