OTE
OpenCalais Metadata: Ticker
ATHEX: Greek stocks head north
The drop in Greek bond yields and window dressing efforts in the approach to year-end contributed to a healthy rise in stock prices at Athinon Avenue on Wednesday, while two package transactions for Eurobank and Grivalia Properties sent trading volume soaring.
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ATHEX: Utility stocks contain losses for bourse benchmark
The collapse of coalition talks in Germany and the ongoing concerns over Greece's banking sector saw sellers return to action at Athinon Avenue on Monday, although the benchmark contained its earlier losses toward the end of the session.
OTE telecom posts 2.3 pct drop in core profit
Greece's biggest telecoms operator OTE posted a 2.3 percent drop in third-quarter core profit on Thursday, hit by what it described as challenging conditions in its international operations.
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OTE renews CEO's term until 2021
Greece's biggest telecoms operator OTE has renewed its chief executive officer's contract for another three-and-a-half years, it said on Monday.
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ATHEX: Month begins with stock rise
Stock prices at Athinon Avenue remained on a rising course on Wednesday, albeit at a slower pace than Tuesday. Banks again led the way in growth and trading activity, with the four systemic lenders accounting for 57 percent of turnover.
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TAIPED pushes for OTE, AIA stake sales
Privatizations fund TAIPED has started the process for the sale of its holdings in OTE telecom and Athens International Airport (AIA). It is now commissioning financial consultants to be tasked with coming up with a utilization model and assisting the process until transactions are complete.
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ATHEX: Stock prices offset their October losses
A sudden jump in stock prices at the Greek bourse on Tuesday wiped out all of October's losses for the benchmark and even gave it a 0.49 percent increase right at the end of the month, compared to September 30.
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Stournaras calls for more privatizations, smaller primary surplus
Bank of Greece Governor Yannis Stournaras on Monday proposed a different fiscal policy mix that would reduce the need for primary surpluses and boost growth.
OTE hit with 6.3 million euro fine
The National Telecommunications and Post Commission (EETT) will impose a 6.3 million euro fine on OTE, Greece's biggest telecoms operator following an investigation launched after complaints were filed by competing telecoms provider Forthnet, as well as mobile companies Wind Hellas and CYTA.
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Pay TV sees rare drop in subscribers
Pay TV in Greece has suffered a setback. Having gradually become a mature market, and at a time when taxation makes up more than 40 percent of what the customer pays, a reduction in subscriber numbers has been recorded.
In the first half of the year, there was a 15,000 reduction in Pay TV subscribers.
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