The previous 10-year bond was issued by Greece on September 2, 2020
greek economy
"With this new repayment, the optimal utilization of the cash resources of the Greek State is further and immediately achieved"
Tourism sector the hardest hit
The official data showed only a 0.9 recession for the first quarter of 2020
The ratings houses expressed concerns over the impact of the Covid-19 pandemic
The body says the primary deficit will be 5.1%, instead of a 3.5% GDP surplus
"We will try to raise additional funds from the markets on satisfactory terms"
The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020
The new measures will be announced later on Monday
Growth is estimated to have grown by 2.2% in 2019