GREECE: GOVERNMENT PREPARES ‘DIASPORA BONDS’ FOR 2011

The Greek minister of finance said that the country plans to sell bonds to citizens living abroad. George Papaconstantinou explained: “We are talking at the moment and designing what is called a ‘diaspora bond’ to tap Greek money that is abroad and we feel that we will be quite successful.” The minister again ruled out default.

Published by
Lorenzo Briotti