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Greek stocks almost unchanged at end of roller coaster week
EconomyThe Greek stock market slipped 0.2 percent this week after a drop of 5.7 percent in the preceding week. The trading activity remained subdued throughout the week as investors remain on the sidelines... and reflects seasonal effects as well the ongoing restrictions on Greek investors’ trading activity imposed
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Even week for Greek stocks but trading thins out
EconomyGreek shares ended the week with gains of 2 percent following a broadly stable performance but trading activity remained extremely thin throughout the week, with Wednesday’s turnover being the second.... At the same time, Greek investors remain constrained due to the imposition of capital controls
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Greek deflation decelerates to 1.5 pct due to VAT rate hikes
EconomyMacroeconomyThe Greek Consumer Price Index (CPI) fell by 1.5 percent in August from 2.2 percent in the preceding two months, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday... successive year. Bank sources indicated that the baseline scenario of Greek banks’ stress tests provided
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
Economyin 2018. This means that Greek debt ratio in 2018 would be at similar to 2015 levels. The IMF sees... with the Greek government’s debt forecasts, included in the 2016 draft budget tabled on Monday, is more
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Greek stocks slide by 1.6 pct over week on bank correction
EconomyAfter rising in the previous three weeks, the Greek stock market shed 1.6 percent this week, largely reflecting a correction for banks after their double-digit gains of the previous weeks. The Athens... publication of capital needs, Greek banks will release their Q2 financial statements with Piraeus
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Strong start for Greek stocks but they end week down 3.4 pct
EconomyDespite a strong rebound on Monday, the Greek equity market traded on negative ground in the following sessions, ending the week down 3.4 percent. The initial positive reaction in the aftermath... of 19.6 percent. Since the imposition of capital controls, Greek banks have lost almost 70 percent
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Weak banks drag Greek stocks down by 6.5 pct during week
EconomyGreek shares fell by another 6.5 percent this week amid a continued bank weakness, which plunged at double-digit rates for the fifth successive week. Turnover rebounded strongly after Alpha... will discuss the state of play with Greece. NBG successfully completed on Wednesday the Greek public offer
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Greek stocks down by 4.8 pct during week for third straight fall
EconomyThe Greek stock market was down 4.8 percent this week for its third successive fall, which was fueled by trading reasons related to the stock overhang after the introduction of new bank shares... the international bookbuilding, the Greek offer, the LME and the bail-in will commence trading
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Where things stand on the Greek pension reform proposals
EconomyProgramme. The institutions have not officially concluded their assessment of the Greek proposal but press reports... reports indicated that the institutions - and particularly the IMF - consider the Greek draft plan
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Greek stocks rebound 5.8 pct over week
EconomyFollowing a decline of 17.8 percent in the previous two weeks, Greek stocks rebounded 5.8 percent this week also supported by a turnaround in the European markets. Technical work is ongoing... part of earlier gains closing at 480.54 points from 454.29 last week. However, Greek shares are still
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