Eurobank
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ATHEX: Positive vibes contain early
In spite of the initial negative reaction to Prime Minister Alexis Tsipras?s strong words about the creditors, the losses of the Greek stock market benchmark were contained to less than 2 percent on Wednesday in a sign that optimism and relief remained at the back of investors? minds.
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Greece counts cost of one man's gamble
By Lorcan Roche Kelly & Marcus Bensasson
While the government has shown resourcefulness to last as long as it has without defaulting, Tsipras's actions have taken a visible toll on Greece's economy, banking system and markets. An immediate gauge of the cost comes in plunging market capitalization of the Athens Stock Exchange.
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ATHEX: Prospect of extension boosts stocks
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ATHEX: Impasse in talks brings more losses
The Greek stock market?s benchmark returned to a southbound course on Wednesday, following another session of low trading volume, due to the lack of progress in negotiations between Greece and its creditors, while the sense that the entire market has been holding its collective breath for months now is palpable.
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ATHEX: Bundling of IMF tranches sends stocks plunging
The government?s decision to bundle its four June tranches to the International Monetary Fund, opting to delay payment of the first, due on Friday, generated jitters on the local stock market, with the benchmark shedding almost 5 percent as foreign investors scrambled for the exit.
ATHEX: Stocks slide after rally on Wednesday
The Greek bourse reacted with disappointment on Thursday after investors? hopes for a deal between Athens and its creditors, which spurred a mini-rally on Wednesday, once again failed to materialize, with some of the traders reaping capital gains.
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ATHEX: Hopes for end to talks help stocks expand
Expectations that the long and arduous negotiations between the Greek government and the country?s creditors may be nearing completion sent Greek stocks soaring on Wednesday, with the market?s benchmark finally passing 850 points and trading volume getting close to 100 million euros.
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Michelis appointed as bank bailout fund chair
The Greek government named former banker Giorgos Michelis as chairman of the country?s bank rescue fund on Monday, which has been without a head since the resignation of both its chairman and chief executive earlier this year.
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ATHEX: Hopes for a deal lead stock market to a rebound
Reports about a possible compromise being reached in the Brussels Group talks as a goodwill gesture by the European Commission helped the local stock market rebound on Monday after morning losses led the benchmark to decline up to 2.70 percent.
Eurobank says Q1 losses are down y-o-y
Eurobank reported on Thursday a drop in its first-quarter losses to 94 million euros ? against losses of 524 million euros in October-December ? and a 7.2 percent quarterly increase in profits before provisions.
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