Economy

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Photo by Panayiotis Tzamaros/Fosphotos ATHEX profits fall 76.5 pct in Q1

Athens Stock Exchange (ATHEX) results for Q1 2017 showed that the group’s net profits came to 0.4 million euros versus 1.8 million euros in Q1 2016, a drop of 76.5 percent.

Photo by Panayiotis Tzamaros/Fosphotos Greek stocks edge down 0.6 pct ending three-week rally

The Greek equity market traded sideways falling by 0.6 percent this week and ending a three-week rally that led to cumulative gains of 17.5 percent. Following the voting of the multi-bill with prior actions on Thursday night, all eyes are now on Monday’s Eurogroup, which will discuss the conclusion of the second programme review, the fiscal path and debt relief-measures.

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