Monday May 25, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
EU poll fears curb boost from upgrades for Greece, Spain

Lower-rated peripheral bonds inched up on Friday with niggling European Union election concerns curbing enthusiasm over the latest round of ratings upgrades.

Fitch lifted Greeces rating for the second time in a year on Friday, while Standard and Poors followed through with a widely expected upgrade on Spain.

Prices in peripheral bonds have stabilized after a sharp sell-off, but with EU election results set to be released on Saturday and ahead of long weekends in the UK and the US, trading volumes were tipped to be fairly subdued yesterday.

In Greece, a strong showing by anti-bailout parties may hurt an already-fragile coalition, potentially paving the way to national elections.

The periphery has rallied off their lows but Im not sure how much more mileage there is left in it, said Marc Ostwald, a strategist at Monument Securities.

Italian and Spanish 10-year yields opened two basis points lower at 3.03 and 3.22 percent respectively.

Greece was 1 bp down at 6.51 percent, while Portugal and Ireland were unchanged at 2.85 and 3.87 percent.

[Reuters]

ekathimerini.com , Friday May 23, 2014 (18:32)  
Euro weakens on Greece as emerging stocks, Spanish bonds decline
Spanish shares fall after vote as Greek stocks drop second day
Brussels Group talks to resume Tuesday with VAT, pension topping agenda
Greece calls on creditors to compromise as IMF payment nears
Asylum service short of staff after losing 30 ex-municipal policemen
The bureau in Attica responsible for processing asylum applications will not be able to operate properly over the next few days due to staff shortages, authorities said on Monday. Officials ...
Tourist dies in rockfall on beach in Crete
A 36-year-old tourist from the Czech Republic was killed on Sunday night when a boulder fell on her while she was on a beach in Sfakia, Crete. Rescuers reached the Glyka Nera beach by dinghy...
Inside News
SOCCER
Berg brace gives Panathinaikos four-point lead
Panathinaikos beat Atromitos on Sunday and took advantage of the goalless draw between PAOK and Asteras Tripolis to open a four-point gap from PAOK at the top of the Super League play-off mi...
SOCCER
Reds add Cup to league trophy with 3-1 win over Xanthi
Olympiakos completed a league-and-cup double on Saturday by beating Xanthi 3-1 in the Greek Cup final at the Olympic Stadium of Athens, that was more balanced than the final score suggests. ...
Inside Sports
Greece needs a second election
Most scenarios facing Greece are bleak. The country could default, introduce capital controls, forcibly convert savers deposits into bank capital, quit the euro and so forth. But there is s...
COMMENTARY
No more quick and dirty fixes for Greece
International Monetary Fund Managing Director Christine Lagarde correctly said last week that the protracted negotiations between Greece and its official creditors required a comprehensive ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Euro weakens on Greece as emerging stocks, Spanish bonds decline
2. Asylum service short of staff after losing 30 ex-municipal policemen
3. Spanish shares fall after vote as Greek stocks drop second day
4. Brussels Group talks to resume Tuesday with VAT, pension topping agenda
5. Tourist dies in rockfall on beach in Crete
6. NDs Bakoyannis fears capital controls over long weekend
more news
Today
This Week
1. No more 'quick and dirty' fixes for Greece
2. Greece calls on creditors to compromise as IMF payment nears
3. ND's Bakoyannis fears capital controls over long weekend
4. Brussels Group talks to resume Tuesday with VAT, pension topping agenda
5. Tourist dies in rockfall on beach in Crete
6. Greece needs a second election
Today
This Week
1. The Greek-German breakthrough that didnt come
2. Conspiracy madness
3. Greece came close to not paying IMF
4. National self-awareness put to the test
5. Albanian demarche raises concerns about possible territorial claims over Greece
6. Greek endgame nears for Tsipras as bank collateral hits buffers
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.