Bloomberg

Greek three-year yields rose as much as 121 basis points to 20.30 percent, the highest since February 12.

The country?s 10-year rate was little changed at 10.78 percent on Monday, up about 100 basis points from the end of 2014.

[Bloomberg]

Mario Monti, the economist who served as prime minister of Italy during the country?s financial crisis, said the time for the Greek government to ?play games? was running out.

By Stefan Riecher

The European Central Bank kept interest rates unchanged at record lows as investors wait for President Mario Draghi to reveal more details of his 1.1 trillion-euro ($1.2 trillion) bond-buying plan.

By Nikos Chrysoloras, Rebecca Christie & Vassilis Karamanis

 As talks over the disbursement of bailout funds for Greece drag on into their seventh consecutive month, the deadlock threatens to pull the country back into a recession this quarter, or even a possible default within weeks.

According to Bloomberg, a 50-minute phone conversation between German Chancellor Angela Merkel and newly elected Greek PM Alexis Tsipras — their first substantive exchange since the latter’s election on Jan. 25 — reportedly brought the 40-year-old leftist leader “back to reality”.

Foreign parliaments and institutions are struggling to keep Greece on track with its 'program' by voting on the 4-month extension to Greek funding attacked to a reforms list created by Greek Finance Minister Yanis Varoufakis.

Greek FinMin Yanis Varoufakis raised eyebrows and generated his share of shivers on Wednesday when he said he's counting on the ECB to help Greece avoid default next month when it runs out of money, while at the same time playing up the positive by saying deposits are also starting to flow back to domestic banks.

Confidence is returning in Greece with money deposited in banks following an extension of the stricken eurozone country's bailout after weeks of huge withdrawals, Athens' finance minister was quoted as saying on Feb. 26.
      

Finance Minister Yanis Varoufakis admitted on Wednesday that Greece may face difficulties in finding the money to pay its obligations to the International Monetary Fund and the European Central Bank over the next few months.

By David Goodman & Lucy Meakin

Bondholders who held their nerve as Greece sparred with the euro region are now reaping the rewards.