Savita Iyer-Ahrestani, ThinkAdvisor, May 23, 2014
Signs of economic recovery in Greece are beginning to be evident. And although the pace is slow, it is real.
A little more than a month after Greece issued its first sovereign Eurobond since before the financial crisis, another issuer, National Bank of Greece is reportedly set to come to market with a senior unsecured bond issue of its own–one that could be priced at an even lower yield than the sovereign’s, thereby attesting to the improved sentiment surrounding Greece.
Of course, Greece’s troubles are far from over. Substantial economic growth is still a dream and unemployment remains at record levels.
And yet there is a sense of great optimism, said Davia Temin, founder and CEO of marketing, reputation, and media strategy for Temin and Co., who was recently in Athens as part of the U.S. State Department’s Global Entrepreneurship Program’s Entrepreneurship Delegation to Greece. […read more]