Thursday April 2, 2015 Search
Weather | Athens
14o C
09o 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)  
ECB raises ELA limit by 700 mln euros
Attica office market sees no end to crisis-linked drop in demand
Stathakis prefers PPPs for the concession of regional airports
One-off takings help revenues
Government considers ministry switch after Parliament protest
The government is considering putting the Citizens Protection Ministry under the auspices of the Justice Ministry in a bid to boost both civil rights and public order, sources said on Wedne...
Updated reform list still not enough to unlock aid
Greek officials and euro-area technical experts yesterday discussed an updated list of reform proposals but were unable to reach an agreement that would pave the way for Greece ending its li...
Inside News
BASKETBALL
AEK could get a wild card to the Euroleague
AEK shows capable of climbing as high as third in the Basket League, as its 16-point home win over third-placed Aris on Sunday confirmed it can challenge both Aris and PAOK to the first spot...
SOCCER
Cyprus soccer eyes reunion after 60-year divorce
Turkish Cypriot soccer officials on Monday vowed to press ahead with attempts to reunite with the Cyprus Football Association, (CFA), triggering a political storm on the ethnically-split isl...
Inside Sports
COMMENTARY
Going his own way
While up until the last election we had become accustomed to referring to the coalition government led by Antonis Samaras as one featuring a split personality, no political psychoanalyst cou...
EDITORIAL
Righting the wrongs
A country that wants to move forward should study and deal with its past mistakes in a mature and responsible manner. Greece was hit by an unprecedented debt crisis and it came to the brink ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. ECB raises ELA limit by 700 mln euros
2. Attica office market sees no end to crisis-linked drop in demand
3. Stathakis prefers PPPs for the concession of regional airports
4. One-off takings help revenues
5. Stocks slide in particularly thin trade
6. Government considers ministry switch after Parliament protest
more news
Today
This Week
1. Going his own way
2. Finance Ministry officials to discuss talks progress as EU pushes for action [Update]
3. Athens aims to tighten ties with Russia
4. Spike in migrants reaching Lesvos
5. Buffett says Greek exit from euro may not be a bad thing
6. Greek economy minister sees deal with EU/IMF on reforms next week
Today
This Week
1. Next Monday is D-Day for state funds
2. Eurogroup unlikely to be held soon to discuss Greek reforms
3. Moscow expects progress from Tsipras visit
4. Greece optimistic on deal with euro area next week
5. Amateur antics or overstepping the mark?
6. ECB nerves fray on Greece as supervisors rile central bankers
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.