Arab Today, arab today tension rises on weaker eurozone debt
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Tension rises on weaker eurozone debt

Arab Today, arab today

Arab Today, arab today Tension rises on weaker eurozone debt

Paris - AFP

Borrowing costs for debt-strained eurozone countries rose on Wednesday after Germany warned that rescue arrangements announced last week did not amount to a blank cheque. The remarks by German Finance Minister Wolfgang Schaeuble added to cautious comment by many analysts about the effect and implications of the complex arrangements announced on Thursday to rescue Greece for a second time and also to stop debt contagion in the eurozone. But the cost of borrowing for Spain, as indicated by the yield on benchmark 10-year debt bonds, rose back above 6.0 percent to 6.020 percent from 5.935 percent late on Tuesday. The 10-year yield for Italy rose to 5.748 percent from 5.716 percent. The yield on 10-year Greek debt rose to 14.435 percent from 14.334 percent. However, the yield on the eurozone benchmark 10-year German bond, the Bund, fell to 2.706 percent from 2.738 percent, and yield on French 10-year debt eased to 3.304 percent from 3.334 percent. The German and French bonds carry triple \"A\" credit ratings and are considered to be safe, thereby benefiting whenever there is a so-called flight of savings to high quality instruments.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tension rises on weaker eurozone debt Arab Today, arab today tension rises on weaker eurozone debt

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tension rises on weaker eurozone debt Arab Today, arab today tension rises on weaker eurozone debt

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday