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Greece issuing new bonds after Eurogroup meeting

13 Jun 2018 02:06 PM

The Greek government may discuss the timing of the possibility of issuing new bonds after a meeting of euro zone finance ministers, which is expected to decide on Greece's debt relief measures, the Greek Economy Ministry said.

Greece shut out the bond market in 2010 but has returned twice in the past 12 months in a bid to build cash buffer that would reassure investors after the end of the third rescue program in August.

Eurozone finance ministers will discuss possible new debt relief measures in Greece. EU officials said next week's meeting would be crucial to closing Greece's fiscal file. Decisions on the use of some 40 billion euros still unspent under the bailout program 86 billion euros, which ends on August 20.

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