Friday

29th Mar 2024

Ticker

Greek bond sale proves popular with markets

Greece's first government bond sale since it was forced into an EU bailout in 2014 proved highly successful with the markets on Thursday, following high investor demand. The treasury sold €3bn of five year bonds at an interest rate of 4.95 percent, lower than the 5.25 percent predicted by analysts.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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