EYDAP

The bond issue on Tuesday and Wednesday's T-bill auction appeared to have wrung investors dry at Athinon Avenue, as Wednesday's stock session - which resulted in more winners than losers while the benchmark inched lower - had the lowest turnover of the last 76 trading days.

Many investors opted to sit out Thursday's trading session at Athinon Avenue ahead of Friday night's verdict by Fitch on Greece's rating and outlook, with sellers putting an end to the benchmark's seven-session rising streak.

Friday's bourse session was much like Thursday's, with a mild increase for the majority of stocks as the benchmark climbed to levels unseen since February 2015. This sedate growth is slowly convincing observers that the main index may well capture the 1,000-point level in the coming months.

The Greek bourse on Tuesday recovered the ground it had lost on Monday but for the time being it appears unable to secure the boost required to reach the psychologically important level of 1,000 points. Turnover also improved.

The rise of Coca-Cola HBC's stock by 1.95 percent on Friday contained the Greek benchmark's losses somewhat and kept the blue chip index above water at the end of a week of small gains for the local market.

The Athens Exchange (ATHEX) general index ended at 923.63 points, shedding 0.26 percent from Thursday's 926.06 points. On a weekly basis it improved 0.38 percent.

State corporations (DEKO) have been left in a sorry state following SYRIZA's four-year term in government and the next administration following the July 7 election will have to deal with explosive conditions, especially at Hellenic Post, the Thessaloniki Urban Transport Organization (OASTh), Hellenic Railways Organization (OSE) and of course Public Power Corporation (PPC).

Despite the draconian austerity adopted during an eight-year bailout program to keep the country's debt-laden economy afloat, the quality of tap water reaching Greek households remains one of the best in the world, officials told Xinhua in recent interviews on the occasion of of the World Water Day on Friday.

Several districts of the Greek capital were without water supply since Wednesday morning, Athens's public water company EYDAP announced on its website.

According to the company, areas of Filothei, Papagou, Kallithea, Iraklio, Voula, Aspropyrgos, Kolonos and Akademia Platonos were affected by the disruption.

Water services will be restored at around 3 p.m, the company said. 

The decline on the Greek bourse that began last Friday continued on Wednesday while turnover remained low. Athinon Avenue appears to be heading in a whole other direction to the rest of the eurozone, which saw markets recover after the agreement between Brussels and Rome on the Italian budget.

Greek stocks slipped on Monday for the fifth session in a row, suggesting that the previous Monday's major gains were a mere blip. Turnover was particularly low, pointing to the unlikelihood of a year-end rally, given that there are only 12 sessions left to go in 2018.