Finance Ministry

Cost of borrowing via T-bills drops to pre-bailout levels


By Sotiris Nikas

The yields of the 13-week treasury bills Greece auctioned off on Tuesday returned to levels not seen since before the country asked for a bailout in 2010, declining to 2.45 percent from 3.10 percent in March in a sure sign that the successful five-year bond issue last week has set T-bill rates on a new basis.

Bond issue on track this week


 Despite more relaxed official statements, the Finance Ministry is gearing up for return to the markets

By Sotiris Nikas

Athens will issue its first bonds in four years later this week and will only sell them to foreign investors, sources have suggested.

Income criterion insufficient for social dividend distribution


By Thanos Tsiros

Almost half of Greece’s households appear to have survived on a monthly income below 800 euros in 2012, according to a report compiled by the Finance Ministry, which showed that 2,751,856 taxpayers, along with their spouses and protected members, declared an annual income of up to 9,500 euros for that year.

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