Wednesday September 17, 2014 Search
Weather | Athens
27o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Bunds keep rising as Greece and growth worries mount

German bonds rose at Friday's open, supported by demand for low-risk assets as investors fretted over Greece's debt problems, with the prospect of low growth in Europe and the United States adding to concerns.

Greece will vote to approve the country's 2013 budget on Sunday, the next big step towards unlocking access to urgently needed international aid following Wednesday's tight vote in favour of a 13.5 billion euro austerity package.

However, on Thursday the German finance minister said next week may still be too early to make a decision on granting Greece further aid.

"The latest Greece delay gave us a kick yesterday... and the U.S. fiscal situation is perhaps the bigger picture story - I don't see any reason why we should be selling off from here today, a trader said.

Bund futures rose 7 ticks to 143.05, building on gains of more than a full point made since last Friday's close.

The bid has been fuelled in part by the re-election of Barack Obama as U.S. President and the risk that politicians will be unable to negotiate a way around $600 billion in spending cuts and tax hikes which could extinguish growth to the world's largest economy.

[Reuters]

ekathimerini.com , Friday November 9, 2012 (10:16)  
Aegeans Vassilakis says Cyprus air sale could mean lower fees
Production of the new Pony to start by the end of the year, NAMCO says
Eurozone August inflation revised up to 0.4 pct
Sports events extend season of tourism
UN special envoy says Cyprus peace talks enter new phase
A United Nations envoy says talks to reunify the ethnically divided Mediterranean island of Cyprus have moved up a gear with Greek and Turkish Cypriot leaders looking to bridge gaps on core ...
Samaras to meet with Merkel in Berlin on Sept. 23
Prime Minister Antonis Samaras will meet with German Chancellor Angela Merkel for talks on the progress of the Greek program in Berlin on Tuesday, September 23. The meeting, which will take ...
Inside News
SOCCER
Mitroglou rediscovers scoring touch after Fulham let-down
Costas Mitroglou banished the memories of his disappointing spell in England after breaking a 10-month goal drought as Olympiakos Piraeus secured a thrilling 3-2 Champions League win over At...
SOCCER
Mitroglou seals Olympiakoss 3-2 triumph over Atletico
Costas Mitroglou returned to scoring after 10 long months to seal a famous victory for Olympiakos in the Champions League as the Greek champion defeated visiting Atletico Madrid 3-2 on Tuesd...
Inside Sports
COMMENTARY
Loud patriotism
I admit that whenever politicians drag religious faith and worn-out patriotism into discussions I button up. I feel the same way when I see bishops blatantly getting involved in politics. To...
EDITORIAL
In need of a second wind
Greek Prime Minister Antonis Samaras and a few of his ministers have gone to great lengths to see Greece regain credibility in the eyes of its partners. Given that the state mechanism is not...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. UN special envoy says Cyprus peace talks enter new phase
2. Samaras to meet with Merkel in Berlin on Sept. 23
3. Aegeans Vassilakis says Cyprus air sale could mean lower fees
4. Prosecutor orders probe into Lagarde, Tsipras death threats
5. Production of the new Pony to start by the end of the year, NAMCO says
6. Eurozone August inflation revised up to 0.4 pct
more news
Today
This Week
1. Loud patriotism
2. SYRIZA victory would spark a bank run, PM reportedly warns
3. Davutoglu calls for a two-state solution in Cyprus
4. In need of a second wind
5. Tsipras to meet with Pope Francis on Thursday
6. Production of the new Pony to start by the end of the year, NAMCO says
Today
This Week
1. Greece on standby
2. A Greek God
3. Avramopoulos appointed Commissioner for Migration and Home Affairs
4. Central Athens traffic restrictions back in force on Monday
5. Greece at bottom of social justice scale among EU28
6. EU bank tests may miss trillion dollar risk, study finds
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.