From John Isaacson: Greece tapped international capital markets earlier this week with a 3-billion-euro, five-year bond offering.
This was the country’s first time in the bond markets since 2014. And demand was two-times oversubscribed.
In fact, this bond sale comes as Greece digs out of financial ruin. It clearly wants to re-establish private funding, ideally before its third bailout ends next summer.
Good news? Not by a long shot.