In the auction of 26-week Treasury bills totaling 400 million euros, the yield settled at 1.84%, down slightly from 1.86% recorded at the previous sale.
Greek tax authorities plan a new wave of property auctions, including villas and high-end homes in sought-after areas, as overdue tax debts climb to record levels and enforcement measures intensify.
The auction was conducted through the Primary Dealers, with the settlement date scheduled for Friday, Dec. 27, 2024.
“Youth Posing as Eros” fetched 572,000 euros at a Bonhams and Art Expertise auction on Wednesday, the highest sum ever paid for a painting by the modernist artist and set designer
Meanwhile, Greece has announced an early repayment of the Greek Loan Facility, aiming to reduce public debt by the end of the year.
Scheduled throughout the summer from mid-June to October, these auctions feature hotels spanning from three-star accommodations to luxurious five-star resorts, each offering varied facilities, capacities, and amenities.