Greece is preparing to exit the 30-year bond markets, as announced by the Public Debt Management Organization.

The issue is expected in the near future depending on market developments.

The new edition was preceded by the new upgrade of the outlook of the Greek economy to positive by Standard and Poor’s, the achievement of a primary surplus of 1.9% of GDP last year against a target of 1.1% and also the government’s decision to proceed with a new early repayment of loans amounting to 5 billion euros.

S&P in its analysis last Friday, where it upgraded the outlook for the Greek economy, explained that the positive outlook reflects its expectation that the strict fiscal regime will continue to reduce public debt, while growth is expected to continue to exceed that of Eurozone.

“We could upgrade the ratings over the next 24 months if Greece’s net public debt-to-GDP ratio declines further to approach other countries’ levels. We believe that the authorities could achieve this through a combination of structural reforms that strengthen the competitiveness of the Greek economy, the full utilization of the large resources of the NextGenerationEU program and solid fiscal surpluses for a long period”, the house said characteristically.