Greece comeback ‘doesn’t need QE’, say SSA bankers

By Craig McGlashan
29 Jun 2017

Public sector bankers have backed claims by Greece’s finance minister that the country could return to the capital markets this year “with or without QE”. The fact that another periphery sovereign, Spain, was able to print a stellar trade on Tuesday despite comments by European Central Bank president Mario Draghi sending markets in a tizzy about the possible end of QE further bolstered the statement, bankers added. Craig McGlashan reports.

Greece finance minister Euclid Tsakalotos told an Economist conference in Athens on Thursday that the country’s short to medium term objective is to return to markets for the first time since its previous two comeback deals in 2014. Greece’s yields have plunged since its government agreed measures with ...

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