Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week

Economy Tags: Markets
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Despite a rebound of 5.4 percent on Friday, the Greek stock market fell 5.2 percent this week amid the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit concerns.

The European Stability Mechanism (ESM) board approved on Friday the disbursement of the next tranche of 7.5 billion euros, of which 5.7 billion will cover debt servicing needs. The funds are due to disbursed early next week.

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