Arab Today, arab today european stock exchanges lose ground spreads higher
Last Updated : GMT 14:29:22
Arab Today, arab today
Arab Today, arab today

European stock exchanges lose ground, spreads higher

Arab Today, arab today

Arab Today, arab today European stock exchanges lose ground, spreads higher

Milan - ANSA

Jittery European markets ceded terrain on Tuesday, while German Chancellor Angela Merkel met Greek Premier Antonis Samaras in the Greek parliament building, with 40,000 demonstrators protesting outside against her presence and the threat of more austerity measures. Madrid\'s stock exchange suffered most, with the Ibex 35 index losing 1.85% to close at 7,745.40 points. Milan\'s FTSE MIB fell 0.37% to close at 15,504 points, while London\'s FTSE-100 slipped 0.54%. Frankfurt\'s DAX index and Paris\'s CAC 40 index sank 0.78% and 0.70%, respectively. The spread between Italian and German 10-year bonds rose three points to close at 363 basis points Tuesday. The yield on the Italian paper was 5.10%. The difference between interest rates on Spanish bonds and the German benchmark closed at 434 basis points. The yield on the 10-year Spanish bond was 5.82%. The bond spread is an important indicator of market confidence in the countries\' abilities to pay down their huge public debts - and a distorted one necessitating continued reforms and sacrifices, according to the International Monetary Fund (IMF). Italy and Spain are paying higher bond-interest rates than the fundamentals of their economies would predict, while countries like the United States and Japan enjoy lower yields than would be expected of their economies, according to the IMF\'s Fiscal Monitor. Because of the financial pressure, Spain and Italy \"must continue corrective measures to restore competitiveness and fiscal stability and to maintain growth\", said the IMF\'s chief economist, Olivier Blanchard, on Tuesday.  

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 european stock exchanges lose ground spreads higher Arab Today, arab today european stock exchanges lose ground spreads higher

 



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 european stock exchanges lose ground spreads higher Arab Today, arab today european stock exchanges lose ground spreads higher

 



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
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
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