Bulgarians Show Lowest Support for EU Membership
Bulgaria finds itself at the bottom of the list in terms of citizens who believe in the benefits of EU membership, according to the latest Eurobarometer survey results
Greece has raised EUR 1.3 B in a three-month treasury bill auction with demand to spare, returning to short-term debt sales after completing an EU-funded debt buy-back last week.
"During the auction of EUR 1.0 B of 13-week treasury bills conducted today, the total bids reached 1.73 billion and the amount finally accepted was 1.3 billion," Greece's state debt management agency said in a statement quoted by international media. The sale offered a yield of 4.11% to lenders.
In the last three-month auction in November, the agency had raised EUR 1.3 B at an interest rate of 4.20%.
Greece last week attracted offers of EUR 31.9 B in a bond buy-back designed to alleviate its enormous sovereign debt by some EUR 20 B.
The scheme was a condition for the unblocking of pending EU-IMF loans, which had been held back since June owing to reform delays and a protracted electoral campaign in Greece that raised doubts about the future of its fiscal overhaul.
Because of the delay in receiving the EU-IMF funds, Greece had been forced to make emergency one-month debt auctions in November and earlier this month.
After EU leaders gave their approval last week, Greece is to receive EUR 34.3 B in scheduled bailout aid in December, and another EUR 14.8 W in the first quarter of next year.
The first seven billion was disbursed on Monday and another EUR 27.3 B is expected by Wednesday.
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