Friday, April 4, 2014

Greece has put the worst of the debt crisis behind it and is considering issuing new debt within three months, Prime Minister Antonis Samaras told Reuters on April 2.

"Greece is back. Two years ago, we were the epicenter of financial instability in the area, and we were an unstable country in a relatively stable region. Now the situation is totally different: Greece has stabilized, both politically and economically and there is growing instability around Greece," he said.

Referring to the possibility of a bond issue, he said: "The timing of any such offering is subject to market conditions and we have not ruled out the possibility of coming to market as early as during the first half of 2014."

"The image and the perception of Greece internationally has changed also. This is a new psychology and this is a new sentiment taking place in Greece and this is why I'm saying Greece is back," Samaras said.