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PoliticsGreek Politics
In absence of bond issue, coalition ponders next moves The fact that the much-heralded trial bond issue has moved to the back burner for the time being means that the government is focussing on the other policy areas.
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PoliticsGreek Politics
Government stalls possible bond issue, clashes again with judiciary It appears that plans for a trial bond issue have been shelved for the time being by the government.
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PoliticsGreek Politics
Possibility remains for trial bond issue before IMF debt analysis Comments by ESM managing director Klaus Regling following Monday’s Eurogroup have shifted attention back to the possibility of Greece making a trial bond issue this month.
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PoliticsGreek Politics
Athens wrestles with timing of market return, aiming for maximum impact Market access has replaced debt relief as a main topic of discussion in the Greek media and country’s political arena, with the government said to be considering three options regarding a return to the international bond markets.
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Economy
Stocks up 3.1 pct during week to reach fresh two-year high The Greek equity market traded mostly in positive territory over the past few days, ending the week up 3.1 percent after edging down 0.6 percent in the previous week.
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Economy
Stocks edge down 0.6 pct this week amid soft volumes The 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 Eurogroup.
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Economy
Stocks rise for first time in three weeks, gaining 1.1 pct The 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 remained largely at previous week’s level, while the turnover climbed to 181 million on Wednesday due to the MSCI rebalancing.
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Economy
Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup The Greek stock market dropped 0.7 percent for the second straight week in the aftermath of Monday’s inconclusive Eurogroup.
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Economy
Greek stocks edge down 0.6 pct ending three-week rally The Greek equity market traded sideways falling by 0.6 percent this week and ending a three-week rally that led to cumulative gains of 17.5 percent. Following the voting of the multi-bill with prior actions on Thursday night, all eyes are now on Monday’s Eurogroup, which will discuss the conclusion of the second programme review, the fiscal path and debt relief-measures.
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Economy Stocks up by 4.7 pct, rising for third straight week Despite 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 lenders and the conclusion of the programme review.