Search
-
Greek stocks fall 3.1 pct over week, volumes soar on Friday due to FTSE reclassification
EconomyAfter rising in the previous four weeks, the Greek stock market fell 3.1 percent this week. This mostly reflected a drop of 3.3 percent on Friday. The last session was accompanied by a jump... reclassification by FTSE. Following an FTSE announcement on September 12, the Greek stock market was effectively
4% -
Greek stocks slip 1.7 pct during week with subdued volumes
EconomyThe Greek stock market fell 1.7 percent this week, with subdued volumes in almost all sessions. The bourse rebounded by 2.6 percent during the previous week. Discussions between the Greek authorities and the mission chiefs resumed in Athens, with the Finance Ministry indicating there has been
4% -
Greek bailout talks yet to conclude as start of IMF meetings approaches
EconomyProgrammeDiscussions between the Greek government and the mission chiefs continued over the weekend and will resume on Monday at 3pm with an agreement on the key issues of the first programme review remaining... to 5,000 (from 20,000). Greek Finance Minister Euclid Tsakalotos has said that Athens would like
4% -
Greek tax wedge remained far above OECD average in 2015
EconomyMacroeconomya year ago. The Greek figure stands 3.5 percentage points (pp) above the OECD average of 35.9 percent... dropped by 0.7 pp. The OECD notes that there has been high volatility in the Greek figure since 2010
4% -
Banks lead Friday rebound to take Greek stocks up by 2.3 pct during week
EconomyThe Greek equity market rebounded by 4.9 percent on Friday, leading to weekly gains of 2.3 percent as earlier losses were eclipsed. The sharp rise on Friday, the biggest since mid-February, was triggered by the ESM decision to lift the restrictions imposed on Greek banks regarding the participation
4% -
Greek stocks rise 2.7 pct during week as bailout agreement nears
EconomyThe Greek stock market traded sideways until Friday when it climbed 2.8 percent on improved sentiment from a positive outcome of Eurogroup meeting next week. Overall, Greek stocks headed north for the third straight week with gains of 2.7 percent this week. The government tabled in Parliament
4% -
Greek stocks slip 0.4 pct during week
EconomyThe Greek equity market moved sideways ending the week with marginal losses of 0.4 percent, while banks significantly underperformed. The Eurogroup welcomed on early Wednesday the staff level... double-digit gains in the preceding three weeks. Greek shares have climbed 9.1 percent so far in May
4% -
Greek stocks rebound 1.9 pct during week
EconomyThe Greek stock market traded sideways in most sessions this week in a replay of events a week earlier. However, it rebounded by 1.5 percent on Friday despite subdued trading activity, leading... postponed on Thursday its decision on the reinstatement of the waiver for Greek banks until the next loan
4% -
Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
EconomyDespite 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... index rebounded to 586.55 on Friday, mirroring the trend in global equity markets. The Greek market
4% -
Greek stocks rebound 1.9 pct during week but fail to match European markets
EconomyThe Greek stock market advanced 1.9 percent this week after the sharp losses of 8.8 percent recorded last week following the outcome of the UK referendum, which caused turmoil in the global markets... at 11.8 percent. Overall, the Greek market plummeted 16.2 percent in June, largely due
4%