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Greece:Tsipras,bond market return in 2018 'important target'

This week new measures to speed up reforms

08 January, 15:16
(ANSA-AP) - TRIESTE, 08 GEN - Greece's prime minister says a full return to markets in 2018 remains an "important target", with the country's bailout funding formally ending in August. At a Cabinet meeting, Alexis Tsipras cited a steady drop in public borrowing rates as the yield on 10-year bonds remain under 4%, touching the lowest level in over a decade.

Greece has depended on international rescue loans since 2010, but the government is at odds with the country's central bank governor, who supports retaining a post-bailout precautionary credit line from lenders.

The government is under pressure to speed up reforms before the bailout exit, and this week is set to present a barrage of legislative proposals that include unpopular measures like limiting labor union powers. (ANSA-AP).

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