Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
New government sets sights on sustainable and wide-reaching tourism industry
Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
Bonds enjoy great buoyancy but remain some distance from investment grade
Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
Talks to begin on plan to rescue PPC from dire financial straits
ATHEX net profits down 54 percent in Q1 2016
The Hellenic Exchanges-Athens Stock Exchange (ATHEX) released its financial results for Q1 2016 after close of business on Monday, showing that the consolidated net after tax profits of the group came to 1.9 million euros compared to 4.1 million euros in Q1 2015, a reduction of 54 percent.
The results mirror the group’s annual results for 2015, where Greece’s dramatic year manifested in investor unease that caused a 57 percent drop in net consolidated profits compared to 2014.
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