Economy of Greece
Bourse chalks up weekly gains of 4.6 pct
Weekly gains on the Greek bourse came to 4.60 percent after a session during which the benchmark temporarily climbed 1.7 percent, driven by growth in New York and the December triple witching, before following the rest of the eurozone markets and registering losses of more than 1 percent.
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Bumpy ride, but stocks end higher
It was a rollercoaster ride of a session at the Greek bourse on Thursday. Despite the additional concern in the market generated by the result of the first vote for a new president late on Wednesday, the local benchmark managed to recovered from afternoon losses of more than 3 percent to close with gains of almost 1.5 percent, along the lines of other European bourses.
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Bourse index recovers some lost ground
Non-banking chips led the local stock index to a significant recovery on Wednesday before the first vote for a new president took place, with traders buying into the optimistic scenario from the government camp that it will be alright on the night of the third vote on December 29.
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Stocks drop as BoC makes far from stellar return to trade
A late selling spree on the Greek bourse day had turned profits into losses by closing time, as traders remained nervous ahead of Wednesdays first vote for the new president in Parliament. Early signs that the tide could be turning in favor of the governments presidential candidate Stavros Dimas are still too small to create a winning momentum and appease the markets.
Small recovery for stocks after recent sell-off
A slight improvement in the coalition governments poll ratings and in its chances to gather the votes needed for a president to be elected later this month following positive statements by a number of independent deputies, has started to shift the mood on the local market after last weeks sell-off, leading to a small recovery on Monday.
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Stournaras says systemic risks low but vigilance needed
The European Central Bank's recent monetary policy actions have reduced risks in the euro zone's banking system but strong vigilance is still needed, Greek central bank governor Yannis Stournaras said on Sunday.
Revenue shortfall puts target at risk
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Battered bourse benchmark slips further
Sellers had the final word during the last session of the bourses worst week of the year, as signs in the morning that the benchmark could recover some of the ground lost in previous days came to nothing, with the majority of stocks suffering fresh losses, albeit small in most cases.
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Bulgaria Has Lowest Consumption Per Capita in EU – Eurostat
Bulgaria has the lowest consumption per capita among the 28 member states of the European Union.
This was revealed by the latest data from Eurostat, which was published on Thursday.
Slide accelerates again for Greek stocks and bonds
Bourse benchmark has lost 20 percent in the last three days
Greek securities sank afresh on Thursday as panic selling in stocks and bonds led the bourse benchmarks total losses over the last three sessions to 20 percent, with 13 billion euros wiped off the value of Greek shares, while 10-year sovereign bond yields soared over 9 percent.
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