Bonds shine again as Great Rotation gives way to Asset Reflation


LONDON - Last Thursday morning investors queued around the block to buy the bonds of recent defaulter Greece, and by the end of the day were selling U.S. tech stocks furiously.

'Here comes the mayor!' - Greek far right fires up Athens campaign

ATHENS - Greek far-right Golden Dawn lawmaker Ilias Kasidiaris strode into a packed hotel room in central Athens last month to the sound of a marching song and supporters' cries of "Here comes the mayor!"

World, 15 Apr 2014

Greece's Eurobank gets green light for 2.9 billion euro share issue

ATHENS - Greece's third-largest lender Eurobank got approval on Saturday from the country's bank rescue fund, its main shareholder, for a 2.86 billion euro ($3.97 billion) share offering to plug a capital shortfall.

12 Apr 2014

Car bomb explodes outside Greek central bank building, no one hurt

ATHENS - A car bomb exploded outside a central bank building in Athens early on Thursday, smashing windows but causing no injuries, just hours before Greece was due to make its first foray into the international bond markets in four years. | Video

World, 10 Apr 2014

Greece to end its bond market exile on Thursday

LONDON/ATHENS, April 9 (IFR/Reuters) - Greece, at risk of crashing out of the euro zone just two years ago, will issue its first sovereign bond in almost four years on Thursday, seeking to send a strong political and economic signal it is on the way out of its debt crisis.

09 Apr 2014

Greece's return to bond market seen boosting periphery debt

LONDON - Greece's imminent return to bond markets just two years after restructuring its debt lifted investor appetite for riskier credits on Wednesday and was seen pushing peripheral yields back towards multi-year lows.

09 Apr 2014

Greeks strike against austerity before Merkel visit

ATHENS - Thousands of striking Greeks marched to parliament on Wednesday to protest against job cuts and austerity measures imposed by the country's foreign creditors, including Germany, whose leader will visit Athens this week.

World, Germany, 09 Apr 2014

Greece faces long road to recovery, despite financial rebound

PIRAEUS, Greece - Nikos Mavrikos has fired half of his employees since 2010 as the Greek economy imploded, leaving his ship supply business on the verge of collapse. February marked a turning point, however: Mavrikos made a hire, his first in four years.

09 Apr 2014

EU weighs new approach towards Russia in wake of Ukraine crisis

ATHENS - European Union foreign ministers tried to map out a new strategy towards Russia at talks in Athens on Saturday, pledging to keep a tough stance over its tensions with Ukraine, while steering clear of provoking Moscow into further conflict.

World, Russia, 05 Apr 2014

Far-right video leak halts Greek government's poll boost

ATHENS - A scandal in Greece over the prosecution of far-right politicians has helped the leftist opposition halt a rise in support for the government, a poll showed on Friday, despite a week of positive economic data.

World, 04 Apr 2014