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
PPC, Hellenikon present government with first test of problem solving mettle
National Bank first to test market waters in post-election afterglow
BoG report highlights economic challenges, proposes way forward
Annual report shows majority of debt in official hands on favourable terms
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.
The general index of the Athens Stock Exchange landed at 784.17 on Friday with relatively small fluctuations within the week. Despite the small correction this week, Greek stocks have gained 10.1 percent so far in the course of May.
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