Greek Bonds Decline
Greek bonds are experiencing a decline, and 10-year yields are at their highest figure within the last seven weeks.
Hellenic Economy Decreased by 1.1%
In 2014's first quarter, the Hellenic economy decreased by 1.1%, on a 12-month timeline, as reported by ELSTAT today.
Fitch Rates Major Greek Banks with B-
Yesterday, Fitch Ratings confirmed a long term issuer default B- rating with Stable Outlooks , a B rating for Short-Term IDRs and a B- for Viability Ratings for National Bank of Greece, Alpha Bank, Piraeus Bank and Eurobank Ergasias.