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Stocks up by 4.7 pct, rising for third straight week
EconomyDespite profit taking on Friday, the Greek stock market headed north for the third straight week, climbing by 4.7 percent amid increasing investor confidence about an imminent deal between Greece’s...) since 1997. It landed at 789.13 on Friday following a correction. Over the last three weeks, Greek
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Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politicsthat this could put on the Greek economy. It has not gone unnoticed, for instance, that Athens has revised... of Centrists garners 8 percent, To Potami 7 percent and Independent Greek 6 percent.
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Coalition MPs and multi-bill clear first hurdle as tension builds
PoliticsGreek PoliticsCentral Bank’s governing council for Greek bonds to be included in its QE programme. Either way... as a reminder that Golden Dawn continues to present a direct, as well indirect, threat to Greek
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Central government debt edges up to 326.5 billion in Q1
EconomyMacroeconomy, of which 52.9 billion relate to the Greek Loan Facility’s (GLF) bilateral loans from the first programme... retain more than 69 percent of Greece’s central government debt in Q1. Greek government bonds (GGBs
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Tsipras readjusts expectations for crucial Eurogroup
PoliticsGreek PoliticsThe Greek government’s expectations ahead of the June 15 Eurogroup remain the subject of much speculation following the latest comments by Prime Minister Alexis Tsipras. Speaking at the Hellenic... on sustainable terms,” the Greek premier said. His comments can be interpreted in two ways. Some see
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Stocks rise for first time in three weeks, gaining 1.1 pct
EconomyThe Greek equity market traded in mild negative territory until Wednesday, while a rebound in the last two sessions erased earlier losses leading to weekly gains of 1.1 percent. The trading activity..., at its highest level this week. Over the last three weeks, Greek stocks have edged down 0.3
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Stocks edge down 0.6 pct this week amid soft volumes
EconomyThe Greek stock market edged down 0.6 percent this week amid subdued trading activity as investors adopted a wait-and-see stance due to a lack of meaningful developments ahead of next Thursday’s..., Greek shares have gained 0.9 percent. Bank stocks exhibited a volatile performance, dropping by 5.7
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Greeks underwhelmed by deal with lenders, stressing uphill task for Tsipras
PoliticsGreek PoliticsThe size of the task facing Prime Minister Alexis Tsipras and his government in trying to convince the Greek public that the agreement reached with the creditors provides a genuine opportunity... the negative state of mind among Greek voters at the moment. Just 19 percent agreed to a lesser
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomycould aid Greece’s economic recovery. To this end, the BoG notes that the Greek economy still faces... unemployment levels, involving a shift in the Greek economy to an outward-looking growth model which
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Athens hopes for sub-tranche this week, ND keeps up pressure on Kammenos
PoliticsGreek PoliticsThe Greek government is confident that the European Stability Mechanism’s board of directors will approve on Friday the disbursement of a loan sub-tranche of 7.7 billion euros despite a hold-up over... the matters that need to be resolved. “The Governors encouraged the Greek government to resolve
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