Citigroup

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Another day, another low for bond yields

Greek bonds have evolved into the perfect refuge for investors amid concerns in the global economy, and into a focus of attention regarding their improvement prospects, leading to the pursuit of Greek returns. Many investors who missed out on last year's rally have noticed the positive outlook and are rushing to jump on the bandwagon ahead of further credit rating upgrades and inclusion in the

Ponta on 3-billion-euro loan: It has highest cost of Romania's history

The 3-billion-euro loan recently drawn by the Government "has the highest cost of Romania's history," the interest being almost 2.2 billion euro, Pro Romania party Chairman and former PM Victor Ponta told a press conference on Sunday. He spoke of the 3-billion-euro loan which the Government, the Finance Ministry took in only one day.

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