The USA intends to approve the issuance of diaspora bonds in the first half of January 2011. As soon as the Greek government receives approval, it will sell in March or April diaspora bonds to the Greeks of diaspora. The Greeks will be mainly in the U.S., Germany and possibly in Australia and Canada. This procedure is a good source of lending for Greece. Suhas Ketkar, professor of Economics at the Nashville University of Tennessee, estimates that the diaspora bond issuance will bring Greece more than $7,5 billion. If the Greek government offers an attractive bond yield (more than 3%), the Greeks of diaspora will strongly contribute to this effort.
USA to Approve Issuance of Diaspora Bonds in January ’11
You may also like -
Greece Postpones Issuance of Diaspora Bonds to the USBecause of the high uncertainty and rapidly deteriorating conditions in the capital markets, Greece has decided to postpone its registration in the U.S. Securities ... 
"Independent Greeks" Heads to the USAThe impending elections in Greece are not only followed by voters and vote seekers in Greece, but also in every country that the Hellenic ... 
Dow Chemical CEO Andrew Liveris Hopeful for GreeceAndrew N. Liveris, Chairman, President and Chief Executive Officer of The Dow Chemical Company addressed the Business Forum at the 21 st Annual Leadership ... 
Astoria's Greeks Don’t Seem to Trust Diaspora BondsLast Thursday, journalists from the National Herald conducted a three-hour survey in Astoria concerning Diaspora bonds. Greeks who participated in the survey seemed distrustful ... 
Bloomberg: Greek Government Intends to Sell "Diaspora Bonds"According to an article by Bloomberg published on Thursday, the Greek government intends to sell “Diaspora bonds” in 2011. The country will follow the ... 
-
05 / 23 Greek Relief from Archaeological Museum of Athens Goes on View At Getty Villa
-
05 / 23 2012 Global Summit of Women to Take Place in Athens
-
05 / 23 Τsantes Family Donates $100,000 in Support of Hellenic Studies Program
-
05 / 23 George Tsetsekos to Step Down as Dean of LeBow College
-
05 / 22 Campaign Calls on Greeks Outside of the Country to Support Their Homeland
-
05 / 21 Prominent Greek-Americans On Grexit, Tsipras & Greek Left (Video)
-
05 / 21 St. Nicholas Greek Festival in Long Island, NY to Raffle Car, Prizes
-
05 / 21 Lecture on Greeks and Jews in 20th Century Salonica to Be Held at UCLA
-
07 / 23 St. Nicholas of Manhattan in Ruins while Mosque Rises
-
08 / 12 John Thomas Financial CEO Thomas Belesis Is Optimistic @FoxBusiness
-
11 / 27 Greek American Pihakis Busted by Feds for $5.8 Million
-
08 / 03 George Demos Tells Fox News We Must Rebuild St. Nicholas Greek Orthodox Church at Ground Zero
-
12 / 27 Greek Orthodox Community of America Renounced Anti-Semitic Statements by Metropolitan Seraphim of Piraeus
-
02 / 09 St. George Community of Lynn, Massachusetts, Refuses to Pay its Contribution to the Archdiocese
-
02 / 28 Stimulating the Greek Real Estate Market from New York City
-
07 / 05 Thomas Belesis Named Co-Chairman of State Republican Finance Committee
Athens
61°
New York
65°
Chicago
87°
