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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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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 to weekly gains of 1.9 percent. Parliament approved on Thurs...
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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 concerns. The European Stability Mechanism (ESM) boar...
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Greek stocks remain flat during week, banks underperform
EconomyThe Greek equity market traded sideways amid muted sessions this week, ending flat compared to the previous week’s closing. S&P affirmed last Friday evening Greece’s ‘B-/B’ ratings with a stable outlook, reflecting its view that the government is meetin...
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Greek stocks edge down 1.3 pct during week, banks perform poorly again
EconomyThe Greek stock market fell by 1.3 percent this week, with banks posting notable losses of 7.6 percent for the second successive week Trading activity surged at the close of trading this week for technical reasons caused by rebalancing. Discussions with...
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Greek stocks rebound 2.6 pct during week as banks lead way
EconomyThe Greek stock market rebounded by 2.6 percent this week, its first such rise for the last three weeks. Banks notably outperformed for the first time since early September. The share purchase agreement for Hellenikon (former Athens airport) was ratifie...
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Greek stocks drop 1.5 pct during week, banks post losses of 7.7 pct
EconomyThe Greek equity market edged down 1.5 percent this week, amid lack of investor interest, after a brief rebound of 2.6 percent last week. Following the voting of the multi-bill on Tuesday, the government pledged at Thursday’s Eurogroup Working Group to ...
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