Signs of economic recovery in Greece are beginning to be evident. And although the pace is slow, it is real.
A little more than a month after Greece issued its first sovereign Eurobond since before the financial crisis, another issuer, National Bank of Greece is reportedly set to come to market with a senior unsecured bond issue of its own–one that could be priced at an even lower yield than the sovereign’s, thereby attesting to the improved sentiment surrounding Greece.
