×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
11
Dec 2025
weather symbol
Athens 11°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greece says can return to bond markets even without ECB buying

Tsakalotos: "We don't want to go too early but...when we do go, we want to ensure that markets know that this is part of a strategy"

Newsroom June 29 08:43

 

Greece’s short-term objective is to return to bond markets and this will be possible even without the inclusion of its bonds in the European Central Bank’s asset-buying programme, Finance Minister Euclid Tsakalotos said on Thursday.

Euro zone governments sketched new detail on possible debt relief for the crisis-hit country on June 15 and approved the release of 8.5 billion euros in bailout loans wrapping up a progress review which dragged on more than six months.

But the ECB has said conditions are not right yet for Greece to be included in its bond-buying quantitative easing programme.

“The Greek government now has a short to medium-term objective which is of course access to the markets, which is…a possibility with or without QE,” said told an Economist conference in Athens.

Tsakalotos said that Greece would “soon indicate” to investors the strategy for its bond market return- the first since 2014 -but the aim, he said, was not to make just a one-off attempt.

“We don’t want to go too early but…when we do go, we want to ensure that markets know that this is part of a strategy,” he said.

The June 15 agreement was a relief for the Greek government which is sagging in opinion polls and wants to convince Greeks that, after seven years of belt-tightening, their sacrifices are paying off and the country can emerge from crisis.

It initially aimed for a debt relief deal which would allow its bonds to be included in the ECB’s asset-buying programme and therefore help speed up its market return efforts.

Tsakalotos said quantitative easing would help Greek banks, but that it was largely symbolic.

“I wouldn’t elevate it too high and I don’t think that investment funds and equity funds elevate it that high,” he said. “It is very useful, it is important, but mostly it is symbolic.”

>Related articles

The Hellenic Competition Commission maps the food market

Traveling to the US becomes more difficult: Tourists from 42 countries – including Greece – will need to show a five-year social media history to enter the country

The battle for Vouliagmeni Beach: Who are the 4 strong contenders, preferred investor expected in early 2026

Tsakalotos said he was “entirely confident” that Greece would post “good growth” in 2017 and 2018, but the country’s aim was to make sure that this growth is sustainable.

Speaking at the same conference, European Stability Mechanism Chief Klaus Regling urged Greece to stick to reforms and said he was confident it would return to bond markets before it’s programme ends in 2018.

Source

Ask me anything

Explore related questions

#debt relief#greece#greek economic crisis#greek economy#Tsakalotos
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The Hellenic Competition Commission maps the food market

December 10, 2025

Traveling to the US becomes more difficult: Tourists from 42 countries – including Greece – will need to show a five-year social media history to enter the country

December 10, 2025

The battle for Vouliagmeni Beach: Who are the 4 strong contenders, preferred investor expected in early 2026

December 10, 2025

Amphipolis: The polychromy of the Kasta Tumulus comes back to life with the help of research and technology – When it will open to the public

December 10, 2025

Seven clinics in Greece received sperm from the Danish donor carrying the cancer gene

December 10, 2025

Dead next to the garbage: The truth about the horror of occupied Athens

December 10, 2025

Man who attacked Ariana Grande thrown out of Lady Gaga concert

December 10, 2025

Outbursts during the briefing of ND MPs on farmers – “If checks weren’t conducted, we would have lost the funds,” said Tsiaras

December 10, 2025
All News

> Culture

Amphipolis: The polychromy of the Kasta Tumulus comes back to life with the help of research and technology – When it will open to the public

Work is beginning on the documented reconstruction of the monument’s original decorative appearance, in a collaboration between the Ministry of Culture, the National Hellenic Research Foundation and Demokritos

December 10, 2025

Dead next to the garbage: The truth about the horror of occupied Athens

December 10, 2025

Golden Globes 2026: Anticipation builds around nominations, surprises, and notable absences

December 9, 2025

Benaki Museum: Christmas all-day program for all ages

December 8, 2025

Restoration and enhancement works begin at the historic Church of Agios Nikolaos Rangavas in Plaka

December 8, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα