Friday October 24, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Euro slides against dollar on Greek concerns

The dollar gained against the euro on Wednesday amid concern the European Parliament elections starting on Thursday may shift the balance of power in the 18-nation region.

The yen reached a three-month high earlier after the Bank of Japan refrained from expanding stimulus.

“You still have to hold on to the longer-term view that dollar-yen will eventually be higher on the ground that in the next six months the Bank of Japan will be easing again, and the Fed’s going in the opposite direction,” Richard Franulovich, chief currency strategist for the northern hemisphere at Westpac Banking Corp in New York, said in a phone interview.

“One thing to look out for in the EU election is Greece – they want to rewrite the austerity package.”

However the bonds of peripheral euro-area nations rose on Wednesday as concern that support for anti-EU politicians would derail the region’s recovery eased.

The average yield to maturity on bonds from Greece, Ireland, Italy, Portugal and Spain climbed to 2.39 percent on Wednesday, up from 2.13 percent on May 8, the lowest since the formation of the currency bloc, according to Bank of America Merrill Lynch indices.

[Bloomberg]

ekathimerini.com , Wednesday May 21, 2014 (21:31)  
TAIPED waits for green light from Eurostat
Trade deficit shrinks on big drop in imports
SMEs unable to claim subsidies
Taxes kept growing in second quarter
Athens, Nicosia satisfied by EU leaders´ stance toward Ankara
A reference in Friday’s European Council conclusions calling on Turkey to respect Cyprus’s sovereign rights left Athens and Nicosia content with the outcome of the European Union leaders’ su...
Suspended policeman chief suspect in cousin’s murder
A 27-year-old police officer who has been suspended from duty since 2013 for extortion, is being treated as the chief suspect in a murder committed in a suburb of Piraeus on Thursday. Police...
Inside News
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
BASKETBALL
Greens succumb to first loss at Bayern
Panathinaikos’s unbeaten run in all competitions came an end on Thursday as the Greek champion lost 81-75 at Bayern Munich for the Euroleague. Bayern is a team that improves every year, and ...
Inside Sports
COMMENTARY
Tension for tension’s sake?
It is evident that Turkish President Recep Tayyip Erdogan feeds off tension. He would barely have achieved as much as he has – and prevailed – if he had not been so keen to confront a series...
EDITORIAL
Testing ground
The Regional Authority of Attica is a good testing ground for politicians who appear to thrive on accusations to prove whether they can actually solve major problems of a practical nature. T...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. TAIPED waits for green light from Eurostat
2. Trade deficit shrinks on big drop in imports
3. SMEs unable to claim subsidies
4. Taxes kept growing in second quarter
5. Thessaloniki Port expects 2014 to be record year
6. Athens, Nicosia satisfied by EU leaders´ stance toward Ankara
more news
Today
This Week
1. Woman killed in tram accident in Floisvo, south of Athens
2. Clocks to go back 1 hour on Sunday
3. Venizelos slams Turkey for 'flagrant violation of international law' off Cyprus
4. ECB vies for third time lucky in European stress tests
5. ECB bank assessment to show 6-billion-euro capital gap, Citi says
6. Cyprus GDP upgrade seen as boosting bailout exit plans
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Greece’s closed society is central to its current malaise
3. Coalition shooting itself in the foot
4. Greece must stick to reforms, says Schaeuble
5. At least 11 banks to fail European stress tests, three in Greece, report says
6. Cyprus to block Turkey's EU talks after EEZ violation
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.