Greece planning to sell diaspora bonds

Posted On Sep 21 2019 by

first_imgGreece plans to sell bonds to Greeks abroad as it eyes a return to international bond markets some time next year, the Greek finance minister George Papaconstantinou said on Wednesday. We are talking at the moment and designing what is called a ‘diaspora bond’ to tap Greek money that is abroad and we feel that we will be quite successful.Greece is keen to return to markets after plunging into a debt crisis last year, when its budget deficit hit 13.6 percent of GDP, driving borrowing costs to prohibitive levels and prompting a 110 billion euro bailout from the International Monetary Fund and European Union. “We are talking at the moment and designing what is called a ‘diaspora bond’ to tap Greek money that is abroad and we feel that we will be quite successful,” Finance Minister George Papaconstantinou told Reuters Insider TV. Analysts said details were needed to see what amount Greece could raise from a diaspora bond and what would make it more attractive than other Greek debt offerings. Government officials said the diaspora bond was still in the planning stage. “With Greek debt we are always talking of billions; it is more important to convince those who really have the money, European institutional investors, to purchase Greek debt instead of individuals.” Source: Reuters Facebook Twitter: @NeosKosmos Instagramlast_img read more

As a fairly welltravelled bunch who know a thing

Posted On Aug 10 2019 by

first_imgAs a fairly well-travelled bunch who know a thing or two about flying, we thought we’d ask around the Skyscanner office to see what items our staff never boarded a plane without. From hoodies to hair-straighteners – here are Skyscanner staff’s most essential travel items.Gareth (Skyscanner Head Honcho)I always travel with a book. I also take my PDA, USB Dongle, a copy of the Economist magazine (I always buy it at airport), my driving licence (obvious, but it’s really easy to forget that you hired a car at the other end), plus my swimming trunks; they don’t take up much space but I might fancy a swim if the hotel has pool.Bon (Skyscanner Co-founder)I’m very fussy about the bag I travel with. It has to be a shoulder bag. Dragging a trolley bag does not work for me (too slow weaving through the crowds, too awkward on steps, and makes you look like an air stewardess).The ideal bag has to fit under the seat in front of me (means you can get a seat right up the front of the plane once all these speedy boarders have taken all the space in the overhead locker).It’s quite difficult to find just the right bag. My old bag (Slappa) was no longer available; it served me well but has now come to the end of its travelling life after two years of abuse. So after a bit of research I decided to import a bag from the states, the Tom Bihn – Empire Builder. I’m taking it on its inaugural flight next week!Barry (Skyscanner Co-founder)My iPod and a small folding bag inside my luggage so that I don’t have to cart my case around everywhere with me.Martin (Senior Developer)Cargo trousers with lots of pockets! Means I can have everything I need during a flight actually on my person and have no need to delve into my carry-on for stuff passport, iPod, book, Nintendo DS, snacks etc.Jenny Herbison (Account manager)It has to be my iPod to drown out screaming kids and stop the people next to you from talking to you!Laura (Financial Assistant)I know it’s vain but I always take my hair-straighteners with me when I travel.For the actual journey a good book is always useful.Ewan (Sales Manager)Ear plugs for screaming kids and drunken rugby teams. I also always carry spare socks, a T-shirt and a travel toothbrush and toothpaste in my hand baggage – in case of a lost bag or missed connection.Mik (Infrastructure Manager)Laptop, PDA, PSP and lots of portable storage (pen drives, memory cards, etc). Technology, whoooaah!Sam (Travel Editor)I always travel in a hooded top because the hood helps block out the world when I want to sleep, plus it’s got big pockets and they are cosy garments. My trusty Sony IXUS digital camera, a notepad and a pen are always on hand too – essential accessories for the travel writer.I also like to carry a good book – preferably a paperback which isn’t too chunky, for space saving reasons. I like to travel as light as possible – read my Packing Tips here.Leanna (HR Manager)I never travel without perfume. There can be lots of smelly travellers and I like to mask the BO. Not my own, of course – others’! I once sprayed a man in the mouth with Chanel No.5 whilst on a plane when he yawned. He was none too chuffed, but trust me, it was the only way I could have suffered him for more than 2 hours. [Skyscanner do not condone spraying fellow passengers in the mouth with anything – Ed].Lara (Head of Marketing)Industrial strength earplugs in case of snorers in next seat; top tip – try Mack’s Junior Safe & Sound if earplugs hurt your ears. Made for delicate little ear holes like mine!I also take a sleeping pill straight after takeoff so I can annoy all the people who didn’t bring earplugs in case of snorers, and a book to read until pill kicks in. And the best travel pillow (it has microbeads) in the world. It even has a name – Meryl Sleep. I never get Jet Lag so I think my method of sleeping through my flights must work.Grzegorz (Developer)I always wear solid footwear. They support my ankles and calves, feet don’t sweat much in them which doesn’t result with unwanted smells, they don’t generate warmth but sustain temperature inside so they’re appropriate for cold (-20C) and hot (+25C) weather.They are also great protection in crowded places and due to their steel enforced construction they’re handy during assaults or in moshpits during a concert – you don’t have to be strong, those boots are ok by themselves. [We do wonder what our staff get up to in their free time! – Ed] Dave (Head of Database Development)My big Can headphones are essential. I plug them into my laptop or mobile for music or movies on the go. Cans are great for flights – they don’t let you wear them when taking off/landing but after that they just kill the noise completely and you don’t realise how much stress this removes from flying. It’s not noticeable until you’ve flown with Cans – I suggest Sennheiser.Also, an electronic toothbrush can make you feel like you’ve had a shower; you’re on the second leg of your journey but you get that dentist-clean feeling and it helps to make you feel clean all over, even if you actually smell a little. ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map RelatedWhat’s the best hand luggage bag?With more and more airlines charging for checked bags, it’s worth travelling light to save money. We’ve got tips from all the frequent flyers at Skyscanner, as well as globe-trotting travel bloggers, so escape baggage fees and go hand luggage only with these top cabin bags.50 insider travel tips & tricks: what we’ve learned about travellingFrom the philosophical to the funny, the serious to the silly, we present our list of learnings from travelling the world.Carry on: readers’ opinions on cabin luggage restrictionsThey’ve been around now for almost ten years, but that doesn’t mean that we’re all experts on airline hand luggage restrictions. We’ve gathered some of your thoughts from a previous article on the subject: here’s what you think, plus a few unusual suggestions on how to make the rules work…last_img read more