Economic growth
ATHEX: Oil prices fuel Athens stock slump
The dramatic slide in oil rates and some negative corporate developments, including QCM's report on Greek Nasdaq-listed firm Akazoo, saw local stocks heading south at the beginning of the week, with the credit sector losing more than 10 percent in a day.
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ATHEX: Healthy rise for stocks after recess
The Greek stock market returned to action after four days of recess with strong gains for most stocks on Tuesday on optimism that the worst of the coronavirus pandemic in Europe is over and oil prices will revert to stability after the recent agreement between oil-producing states. The late surge was bolstered by news that Greece is planning to tap the markets.
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ATHEX: Index climbs 12.3 percent in one week
The bourse ended the trading week on Thursday with a mixed session - after some early gains - that concluded with losses for the benchmark and mid-caps slide while blue chips and a large number of other stocks headed higher.
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ATHEX: Rebound continues on bourse
The Greek stock market continued to reap the benefits from the European Central Bank's move to include Greece in its emergency bond-buying program for a second day on Friday, but unlike on Thursday, banks were participating in force. Oil companies led the way, while mid- and small-caps appeared more reserved. There was a marked improvement in turnover.
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ATHEX: Sell-off sees stock index drop to fresh four-year low
Another day, another sell-off on the Greek bourse, whose benchmark slipped below the 500-point level on Monday on reduced turnover.
The Athens Exchange (ATHEX) general index ended at 484.40 points, a new 49-month low, shedding 12.24 percent from Friday's 551.97 points. The large-cap FTSE 25 index slumped 13.89 percent to 1,194.86 points.
ATHEX: ECB triggers new sell-off
The European Central Bank's refusal to adjust interest rates to breathe new life into the coronavirus-battered European economy resulted in eurozone securities being subject to a fresh round of sell-offs on Thursday. The Greek stock market plunged to new lows while the benchmark 10-year bond yield soared 51 basis points to 2.08 percentage points.
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NSI: There is a Slight Revision of GDP
In the fourth quarter of 2019 GDP1 at current prices amounted to 32 682 million BGN. In Euro terms GDP reaches 16 710 million EUR in total and 2 391 EUR per person. According to the seasonally adjusted figures, the GDP growth rate in the fourth quarter of 2019 is 3.1% compared to the same quarter of the previous year and 0.8% compared to the third quarter of 2019.
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ATHEX: Stocks stage big recovery after week of major losses
The Greek bourse rebounded on Tuesday in a faster and more impressive fashion than was expected, after its worst week in over five years. While coronavirus concerns have not subsided, the recovery in US markets on Monday and hopes for action from central banks boosted prices.
EC with Positive Assessment for Bulgaria
The European Commission (EC) has today published country reports analysing each Member State's key socio-economic challenges.
Bulgaria's report gives a positive assessment of structural reforms and the prevention of macroeconomic imbalances in our country.
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ATHEX: Benchmark declines to two-month low
Greek stocks suffered heavy losses at the end of the week as they were affected by the very negative climate abroad regarding the impact of the coronavirus epidemic on the economy as well as the growing tension in northern Syria. This has taken the main index at Athinon Avenue below the 900-point mark, to a two-month low.
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