- Greece plans to test market confidence this week with a bond issue expected to raise 6.7 billion euros, the first major test of the EU's decision to provide emergency funding for bankrupt eurozone economies.
- While the bailout agreement has reduced Greece's borrowing costs, investors remain wary about Greece's ability to rein in its large deficits through austerity measures.
- The success of the bond issue in attracting investor demand will signal whether international markets believe Greece is serious about cutting spending and reforming its economy.