Eurozone
Greek 10-year bond yields exceed 10 pct for first time since 2013
By David Goodman
For the first time in 15 months, Greek 10- year government bond yields are back above 10 percent.
Greek euro exit, debt rescheduling not on agenda, says Moscovici
Questions of Greece exiting the euro or rescheduling its debt are not on the agenda, European Economic Affairs Commissioner Pierre Moscovici told Le Monde newspaper in an interview published on Wednesday.
Moscovici added that the European Commission wanted Greece to remain in the eurozone.
Euro drop a turning point for central bank reserves
By Lananh Nguyen
Central banks and reserve managers are breaking from past practice by showing little appetite to add euros as the currency tumbles.
Euro-area prices drop more than forecast as ECB weighs QE
By Stefan Riecher
The inflation rate in the euro area fell below zero for the first time in more than five years, bolstering the case for more European Central Bank stimulus.
Merkel ally says Greece no longer threat to euro-area stability
Any political turmoil in Greece following this month?s election is no longer a threat to the wider stability of the euro area, said Michael Fuchs, a senior lawmaker from Chancellor Angela Merkel?s party.
Mid-March to be the first test for state coffers
By Sotiris Nikas
The inflexible payments Greece has to make to its creditors this year are set to peak in the summer. January is the easiest month, as the repayments due then amount to just 515 million euros, but the dues will increase almost every month that follows, reaching their highest in July and August, when 8.8 billion euros will have to be paid out in total.
- Read more about Mid-March to be the first test for state coffers
- Log in to post comments
Greek liquidity under ECB scrutiny
Outflow of deposits still manageable, but any unilateral moves could see local lenders starved of cash
By Yiannis Papadoyiannis
The issue of cash flow in Greece will be among those to be discussed during Wednesday?s scheduled board meeting of the European Central Bank, with Greek central banker Yannis Stournaras informing his peers of liquidity conditions in this country.
- Read more about Greek liquidity under ECB scrutiny
- Log in to post comments
Cyprus plans two bond issues within 2015
Cyprus plans two international debt issues this year, its finance minister said on Monday, seeking a firmer footing in markets after a near meltdown in 2013.
The island nation is preparing for two issues under its European Medium Term Note (EMTN) program, Finance Minister Harris Georgiades said.
Details have not yet been decided.
- Read more about Cyprus plans two bond issues within 2015
- Log in to post comments
Greek membership in eurozone is "irrevocable" - EU
Greek membership in eurozone is "irrevocable" - EU
BRUSSELS -- European Commission spokesperson Annika Breidthardt said on Monday Greece's membership in the eurozone "cannot be revoked."
The comments came "amid growing concerns whether upcoming elections in Greece will lead to the country exiting the eurozone," RT is reporting.
- Read more about Greek membership in eurozone is "irrevocable" - EU
- Log in to post comments
Dinar declines by 0.5 percent, exchange rate at RSD 121.7415
BELGRADE - The dinar declined by 0.5 percent on Tuesday, making the official medium dinar-to-euro exchange rate RSD 121.7415, the National Bank of Serbia (NBS) has announced.
The Serbian national currency has dropped by 0.4 percent against the Eurozone currency compared to a month ago and by 5.5 percent compared to a year ago.