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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 and Eurobank new shares commenced trading on Wednesday. The gov...
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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 as well as the rebalancing of stocks’ weightings in various ...
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Greeks' health seen getting worse, negative feelings growing during crisis
SocietyThe economic crisis has given rise to negative feelings such as insecurity, anxiety, fear, anger, frustration and sorrow among 44 percent of Greeks, with higher percentages recorded among people on low incomes, according to research conducted by the Nat...
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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 impo...
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Stocks surge 5.4 pct during week amid hopes for swift conclusion of review
EconomyThe Greek stock market traded in positive territory this week in almost all the sessions, ending the week up 5.4 percent as the investor sentiment improved in the aftermath of progress in most areas of the first programme review. The Eurogroup on Friday...
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Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders
EconomyThe Greek stock market shed 3.7 percent this week in the aftermath of the inconclusive discussions of Greek government and the mission chiefs on the first programme review and the postponement of the Eurogroup that was initially due on Thursday. The Fin...
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Greek stocks jump 2.8 pct during week on improved market sentiment
EconomyGreek equities headed north by 2.8 percent this week, following another rise last week, as they were helped by increasing hopes that Greece and its lenders will conclude the bailout review at the next Eurogroup on May 24. Eurozone finance ministers welc...
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyThe release of the 2015 detailed general government figures by the Hellenic Statistical Authority (ELSTAT) revealed some interesting findings on the evolution of the key annual figures. In more detail, revenues rebounded for the first time since 2010, r...
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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 w...
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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 agreement reached between Greece and the institutions, while ...
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