Greek finance ministry says bond issue raised 3 billion eurosApril 10, 2014 - 15:41 AMT PanARMENIAN.Net - Greece's finance ministry said its first return to the markets in four years has seen strong demand, with the country raising 3 billion euros through five-year bonds at a coupon rate of 4.75 percent on Thursday, April 10, according t the Associated Press. The ministry said in a statement that nearly 90 percent of the sale was to international investors. The bond sale is Greece's first since 2010, when it became locked out of the international debt market by excessively high interest rates due to a severe financial crisis. It has been relying on international bailout funds ever since. Related links: Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |