Greece

Greece makes a stunning financial recovery. Two years ago, the country seemed to be directed to disorderly bankruptcy and exit from the euro. Now Greeece returns to the financial markets by issuing five year bonds amounting to 2 billion. There are still political risks and the real economy just beginning to recover. However, the economic recovery is impressive. The ten year bond yield, which was more than 30% after the debt restructuring two years ago, is now at 6.2%. Two of the four major ba...