After almost being pushed out of the Eurozone during a devastating economic crisis – saved by three international bailouts of 326 billion euros ($352.46 billion) – Greece has returned to investment grade status and investors are jumping in.
There was record demand for a new 10-year bond of 4 billion euros ($4.32 billion) with investor orders exceeding 35 billion euros ($37.84 billion), some 5 ½ years after the bailouts ended.
Source: The National Herald
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