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MARKETS
04/10/23 • 18:21
MARKETS
04/10/23 • 18:21
Equities
Shares edge marginally higher, led by bank gains which offset severe losses among non-financials. In its trading debut, Optima Bank ends flat in heavy volumes.
ECONOMY
04/10/23 • 17:33
ECONOMY
04/10/23 • 17:33
OECD
Greece has to “improve the legal system’s effectiveness by simplifying administrative processes and communicating benefits of alternative dispute resolution mechanisms.”
ECONOMY
04/10/23 • 14:40
ECONOMY
04/10/23 • 14:40
Interest rates
Greek average interest rate on new loans rises 12 basis points m-o-m in August to 6.33% while the interest rate on new deposits increases to 0.39%.
MARKETS
04/10/23 • 13:44
MARKETS
04/10/23 • 13:44
Equities
A strong rebound from banks at midday reverses broader markets early losses of around 1%. Optima Bank trades 0.7% lower, compared with early losses of over 4%
MARKETS
04/10/23 • 12:52
MARKETS
04/10/23 • 12:52
T-bills
Greece raises 812.5 million euros through the offering of 13-week Treasury-bills which yielded 3.90% higher from 3.72% in the previous similar sale in August.
ECONOMY
04/10/23 • 12:05
ECONOMY
04/10/23 • 12:05
Tax evasion
Calculations based on the VAT gap as measured by the European Commission show that Greece loses 2b euros from tax evasion every year.
MARKETS
04/10/23 • 11:05
MARKETS
04/10/23 • 11:05
Early stock trade
Stocks in Athens traded in negative territory early Wednesday in line with Europe’s shares which slid for a third day in a row. Banks were badly hit.
MARKETS
27/09/23 • 13:29
MARKETS
27/09/23 • 13:29
Equities fall sharply at midday
Stocks in Athens fell sharply amid low volumes at midday, as technical glitches resulted in busted trade. OTE went against the declining trend.
ECONOMY
27/09/23 • 12:51
ECONOMY
27/09/23 • 12:51
ECONOMY
Bank credit to Greece’s private sector contracted to 0.9% in August from 1.2% in the previous month.
ECONOMY
27/09/23 • 12:42
ECONOMY
27/09/23 • 12:42
Greek household savings drive bank deposits higher in Aug
Private sector bank deposits recover in August, due to household savings. They stood at 189.35 billion euros, as of end Aug.