CLEAN : Greece bounces back to bond market with 3.0 bn debt sale

The video discusses the significant progress in Greece's economy, highlighting a successful five-year bond issue that attracted strong investor demand, reflecting renewed confidence. It covers the potential for future bond issues to meet government borrowing needs and reduce reliance on financial assistance. The transcript emphasizes Greece's efforts to eliminate deficits, stabilize its fiscal situation, and lay the groundwork for sustainable growth.

What was the main reason for the strong demand for Greece's five-year bond issue?

• A new financial assistance program

• Government subsidies

• Investor confidence in Greece's economic prospects

• High interest rates

What was the expected yield for the Greek bond issue?

• Exactly 5%

• Above 6%

• Slightly below 5%

• Around 4%

When is another bond issue expected to take place?

• First half of 2014

• Second half of 2014

• Second half of 2015

• First half of 2015

What progress has Greece made to stabilize its fiscal situation?

• Eliminated twin deficits

• Increased government spending

• Reduced foreign investments

• Increased tax rates

What is the ultimate goal for Greece's economic reforms?

• To create a base for sustainable growth

• To increase government borrowing

• To increase short-term growth

• To reduce international trade