Three conditions for the return of investors

Investors at last week's Greek bourse roadshow in London said they wouldn't invest in Greece until the country returns to growth, the bailout agreement is implemented in full and Greece is included in the European Central Bank's quantitative easing program, according to sources.

Speaking to Bloomberg, fund manager Michel Danechi of Duet Asset Management, which handles assets of $1.5 billion in emerging markets, said, "If Greece goes into the QE program then the mood would turn automatically." He went on to admit that, at the moment, "the valuation is there," adding, "Few believe that this government can deliver."

People familiar with talks in London told Kathimerini that investor interest in the Greek bond market is currently low and in order for it grow again there are three wishes they want satisfied.

The first is for the recession to end and the economy to...