Experience Stern | News & Events

Excerpt from Greek Reporter -- "Greece has not yet convinced investors that it is at a stage of recovery. How can it convince them? Through public investment with money raised from the sale of new bonds. Greece should issue, every year for 3-4 years, €5 billion per year of 5-year or 7-year bonds at an interest rate of 4-4.5% and put all the money raised in a 'Development Fund.' Greece should ask the large European countries (Germany, France) to put €1 billion in total to the same fund, and have common governance."

Read more