Greece on Tuesday, July 13 raised $2.04 billion in its first debt auction since its financial bailout in May.
The country, whose auction attracted strong investor interest, said the sale of 26-week treasury bills was oversubscribed 3.64 times, at an interest yield of 4.65 percent, according to the Associated Press.
The government has said it hopes to return to international bond markets with long-term debt issues in 2011. As the wire service notes, debt-strapped Greece narrowly avoided default in May, when it received the first installment of a rescue package from euro-currency partners and the International Monetary Fund.
The news did little to quell anger over recent austerity measures imposed by the government. The AP reports the Acropolis in Athens was closed for several hours Tuesday by site workers who were demanding back pay. Flights are also set to be disrupted Thursday, with air traffic controllers planning a work stoppage between 0800 and 1200 GMT.
