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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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Strong rebound of 7.7 pct in week for Greek stocks with jump in trading activity
EconomyGreek shares rebounded 7.7 percent this week for the first time in the last four weeks amid a jump in trading activity triggered by the introduction of new NBG shares last Monday and indices... the Emergency Liquidity Assistance (ELA) ceiling for Greek bank by another 2.1 billion to 75.8 billion
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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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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
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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
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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
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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
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