Bailout

Greece is at risk of not getting some 750 million euros next month that it won under a debt relief deal with the eurozone last year because it has not completed agreed reforms, eurozone officials said on Monday.

Greece is at risk of not getting some 750 million euros next month that it won under a debt relief deal with the eurozone last year because it has not completed agreed reforms, eurozone officials said on Monday.

The Finance Ministry is revisiting plans for a benchmark 10-year bond that have been frozen for over a year, with March looking likely for its issue.

The second deadline the government and its creditors had agreed on for the full repayment of the state's dues to third parties - the end of 2018 - went unmet.

Greece has launched a 5-year bond auction, the first time the country has tapped international capital markets for financing since it emerged from its bailout programs in August.

Greece has opened books for a new five-year bond, its first issue since it emerged from international bailouts five months ago, a source with knowledge of the matter told Reuters on Tuesday.

Initial guidance was for a yield of 3.75-3.875 percent, the source said. [Reuters]

Greece has announced plans to issue a five-year bond, in what be the country's first market test since the end of its international bailout last August.

The country's Public Debt Management Agency on Monday named BofA Merrill Lynch, Goldman Sachs International Bank, HSBC, JP Morgan, Morgan Stanley, and SG CIB as joint lead managers for the issue.

Greece's government has taken 2,330 archaeological sites, monuments and museums out of a state assets fund, after protests by Greeks who feared their heritage might be sold off.

Knossos Palace in Crete was one of the priceless items put into the fund - a holding company owned by the Greek state - to satisfy Greece's foreign creditors under the last financial bailout in 2015.

Representatives of Greeces bailout creditors are in Athens to review progress on measures demanded in return for relief on the country's massive national debt.

The government has a mountain to climb to complete the prior actions required for a successful conclusion to this and next month's inspection by the country's creditors. The European Commission's list of pending actions ahead of the January 21 start of the creditor representatives' visit to Athens is strongly reminiscent of the bailout period.