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Greece-EU agreement: the stock exchanges rise, the spread falls

After the go-ahead for the agreement between Athens and Brussels, the markets are getting clearer: European lists are rising and the Btp-Bund spread is falling below 120 basis points.

Greece-EU agreement: the stock exchanges rise, the spread falls

The agreement on Greece reached in extremis at the Eurosummit brings calm to the markets. Shortly after the opening, all European stock exchanges are on the rise: Milano + 0,56% Frankfurt + 1,22% Paris + 1,42% Madrid + 1,19%.

On the government bond market, openings are down for lo BTP-Bund spread: the yield differential between the 112-year Italian benchmark and the German one with the same maturity started trading, falling to 125 basis points (115 points at last Friday's closing) to then rise slightly and settle at XNUMX.

Il return of Italian ten-year bonds, which had fallen below the 2,1% threshold at the start, now stands at 2,13 percent (compared to 2,15% on Friday).

At Piazza Affari the best titles are Salvatore Ferragamo (+ 3,59%), Unicredit (+ 2,04%), Banco Popolare (+ 1,67%), Tod'S (+ 1,52%) and Intesa Sanpaolo (+1,37%). At the end of the Ftse Mib, on the other hand, they travel stmicroelectronics (-1,18%), A2A (-0,53%), Cnh Industrial (-0,46%), Prysmian (-0,35%) ed Enel Green Power (-0,11%). 

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