Thursday August 21, 2014 Search
Weather | Athens
32o C
25o 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 Greece’s rating for the second time in a year on Friday, while Standard and Poor’s 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 I’m 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)  
Merkel cites euro’s ‘construction flaws’ as economy sputters
Greek stocks post rise of 0.99 percent
Banks reject stress test concerns
Greek energy minister requests gas back-up
Second man held over double murder in Mani
A second man is being held in connection to the double murder in Mani, police revealed on Thursday morning. An 18-year-old man gave himself in to police in Kalamata overnight several hours a...
Botched steroid deal led to Mani murders
A deal to sell steroids gone wrong appears to have been the reason for the murder of two bodybuilding fanatics, aged 25 and 26, whose bodies were found on Tuesday in a ravine on the outskirt...
Inside News
SOCCER
Greek soccer officials in refereeing probe to face prosecutor on Sept 15
Eleven soccer officials were on Wednesday given until September 15 before they have to face prosecutor Aristidis Koreas, who is investigating allegations that the draws to decide which match...
ATHLETICS
Long jumper Tsatoumas takes Greece´s second silver at European Championships
Greece won its second medal at the European Athletics Championships in Zurich, Switzerland, on Sunday with Louis Tsatoumas coming second in the long jump. Briton Greg Rutherford won the even...
Inside Sports
COMMENTARY
Self-destructing political system
It finally seemed as if we had found some peace of mind. The vast majority of Greek MPs chose to abstain from festivities on August 15, also known as Assumption Day, thus sparing us from the...
EDITORIAL
Welcome movement
Many have spoken about the need to spur economic growth in this debt-wracked country, but very few officials seem to actually be doing anything meaningful to make this happen. Recent weeks h...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Merkel cites euro’s ‘construction flaws’ as economy sputters
2. Second man held over double murder in Mani
3. Botched steroid deal led to Mani murders
4. Greek stocks post rise of 0.99 percent
5. Banks reject stress test concerns
6. Greek energy minister requests gas back-up
more news
Today
This Week
1. Second man held over double murder in Mani
2. Merkel cites euro’s ‘construction flaws’ as economy sputters
3. Greek current account surplus widens in June
4. Two missing men found shot dead near Kalamata
5. Logged out of reality
6. Greek firms see 30 pct rise in PayPal payments from abroad in 2014
Today
This Week
1. Carved sphinxes at Ancient Amphipolis tomb will not be removed
2. Canada’s fiscal adjustment has lessons for Greece
3. Treating Amphipolis with care
4. Greece to offer law on restructuring bad loans next month
5. Greece’s recession eases as country nears end to six-year slump
6. Ministry sys ‘no’ to debt collection agencies
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.