Greek government bonds issued 3 months short-term financing 390 million euros

the Greek government issued a 3-month Treasury bills, a total financing of 390 million euros, 4.1% interest rate, higher than October and September respectively, Issue 3 month Treasury bill rate 3.75% and 3.98%.

Greek debt management agency said the Greek government plans to raise 300 million euros originally, due to market demand, and ultimately financing 390 million euros. Analysts believe that the issuance of treasury bonds interest rates on the recent economic situation in Greece.

Eurostat 15, 2009, the Greek fiscal deficit to GDP ratio of 13.6% from the originally projected adjusted to 15.4%, the data intensified fears. There are rumors that the Greek government again in the next few months, significant reduction in public spending and may delay repayment.

Greek debt management agency said that this year Greece will no longer be issued before the end of the other bonds, also plans to return to the international market next year to address the financial needs of Greece.

Greece to the end of the outbreak of severe debt crisis and the economic crisis the country faced bankruptcy. For access to the European Union and the International Monetary Fund's financial support, the Greek government had to implement wage cuts, tax increases and other harsh austerity policies and reform plans.