Noticeably lower borrowing costs than the United States and the long -term level now has Greecein the wake of the degradation of the worthy of USA by Moody’s Evaluation House last week.
Market analysts pointed out that developments show the importance of the fiscal discipline of Greece, while stressing that the US is still having the second highest score in their worthy and can well recover next time.
On today’s dashboard The yield on US 30 -year bond exceeded 5% “barrier”according to Tullett Prebon data, retreating about half a unit over the last fifty days.
This is the highest level since the end of 2023, with markets reacting to Moody’s’ high -budgeting US deficits and the additional burden that will result from Trump’s plans to extend the tax exemptions he legislated during his first term in White.
In contrast, Greek 30 -year title closed last week at 4.26%which means that now the long -term borrowing cost of our country is about 0.8 points lower than the US counterpart, while the difference was 0.3 points in early April.
It is recalled that our country is already enjoying better terms of borrowing than Washington in 10 years bonds.
The performance of this Greek title was measured by the BoG at the end of the previous week at 3,45%while the corresponding American bond moves at a clearly worse level, at 4.45% today.
The government has repeatedly stated that financial planning is always done with the country’s fiscal strengths, ensuring that Greece will preserve its credibility for markets.