Thursday Jul 24, 2014 Search
Weather | Athens
31o C
23o 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)  
No property transactions for tax evaders
IOBE warns crisis will return if reforms are not implemented
Aegean has expressed an interest in Cyprus Airways
Stop tax dodging to lower taxes
Policeman saves bather in western Greece
A policeman on Wednesday saved a 75-year-old bather who had become stranded some 300 meters out to sea in western Greece. Other bathers at the beach in Vonitsa called police when they spotte...
Govt leaders try to ease tensions over evaluation
Prime Minister Antonis Samaras and PASOK chief Evangelos Venizelos are on Thursday expected to discuss a rift that has appeared within the government over an evaluation scheme for civil serv...
Inside News
TRACK & FIELD
Athens, the Marathon capital of the world for good
Paco Borao, the man who restored Athens as the Marathon capital of the world with the establishment at the Olympic Sports Center of the headquarters of the International Association of Marat...
TRACK & FIELD
Pole vault record on same day as three doping cases
Greek track and field had a mixed weekend, as on the same day as Katerina Stefanidi matched the national record in pole vault as well as the leading result in Europe so far this season, thre...
Inside Sports
COMMENTARY
Front-line threats
Ongoing developments in the countrys broader neighborhood are creating new challenges as well as threats in terms of the countrys interests. While the Middle East is turning into a big bla...
EDITORIAL
Testing behavior
No country is capable of functioning properly without having an elementary evaluation system in place to assess its public sector employees. In Greece, a country where the lowest common deno...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. No property transactions for tax evaders
2. IOBE warns crisis will return if reforms are not implemented
3. Aegean has expressed an interest in Cyprus Airways
4. Stop tax dodging to lower taxes
5. Index up but some banks take a beating
6. Policeman saves bather in western Greece
more news
Today
This Week
1. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
2. Front-line threats
3. Testing behavior
4. EU praises Greeces progress in departure from troika criticism
5. Parts of Thessaloniki university campus sealed off as police investigate bomb threat
6. Police release new photos of fugitive Roupa
Today
This Week
1. The cost of excellence
2. Ex-Credit Suisse banker taps lesson for Greek rebound
3. Greece seen in third bailout as bonds not enough, economists say
4. Climber dies in Mount Olympus fall
5. Greek banks able to tap investors after stress tests, HFSF Says
6. Greek sovereign debt at 174.1 percent of GDP in first quarter
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.