Press release as regards today's articles in the international and local press
As regards today's articles in the international and local press, the Hellenic
Ministry of Finance would like to clarify the following:
The successful issue of the Hellenic Republics' 5-year bond on 25/1/2010
demonstrates the demand for Greek bonds in international markets. The successful
implementation of the Stability Programme as well as the reforms promoted by the government are
expected to lead to better borrowing terms.
The country¢s borrowing strategy also includes differentiation of sources of
funds. Recently, the Minister of Finance travelled to London to meet institutional investors.
Such meetings continue in Athens, while there will be similar visits to the USA and Asia.
There is no explicit or implicit agreement of the Greek Government regarding
the purchase of Greek bonds or Greek assets from investment funds in China or elsewhere.
Moreover, it is expressly stated that there is no mandate to an investment bank to negotiate in
this direction on behalf of the Greek Government.
Servicing the national debt in a smooth and unhindered fashion remains a top
priority for the Greek government.
