Tzanakopoulos: Trend with Greek state bond yields marks end of an era

The return of Greek bonds yields to 2006 levels signifies the end of a difficult era for Greece, government spokesman Dimitris Tzanakopoulos said on Saturday in an interview.

Tzanakopoulos said that when the yield lowers, it means the markets believe the risk for the economy is diminishing and they can lend the country.

“This is why we are saying that the trend of [Greek] bonds towards the lower yield marks the end of an era and the stabilization of the Greek economy,” he said, adding that the markets are anticipating the successful completion of the third program review.

“What we are aiming for is to complete the review by the start of the new year so that we can start talks with our partners immediately after the completion of the program on debt relief,” he said.

Source ANA-MPA
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