Meanwhile investors are turning away en masse Greek government securities. At midday, the rates of Greek government bonds to 10 years have reached a record high since the country's entry into the euro area. The yield on government bonds rose to almost 8.3% against a little over 7.85% yesterday. Finance Minister George Papaconstantinou has again tried to reassure, but in vain. The day before Athens had yet succeeded without any difficulty, to put 1.95 billion euros of Treasury bonds to three months at a rate of 3.65%.
- The Greek interest rates are at record levels
- Week crucial for Greece
- Greece prepares 23 billion in additional savings
- Germany ready to help Greece