Alexis Tsipras wants the Greek parliament to reconvene to vote on the bailout deal that has been roughly agreed with creditors. Photograph: Orestis Panagiotou/EPA
Greece’s stock market rallied on news that the indebted country and its creditors have reached an outline agreement over an €86bn (£61bn) bailout.Athens’ benchmark ATG equity index closed up 2.1%, while the country’s banking index also climbed […]
Greece’s stock market reopened after five weeks to the most savage wave of selling in decades, underlining a crisis that’s crippled the economy and pushed the country’s euro membership to the brink.Banks led the plunge following the shutdown, which was due to capital controls to prevent the lenders from bleeding more deposits. Piraeus Bank SA and National Bank of Greece […]
The Athens stock exchange closed 16 percent lower on Monday after it reopened for the first time in five weeks, according to an unofficial tally.Reuters reported that Greek banking stocks fell 30 percent, hitting the bourse’s daily volatility limit, with sellers lining up and no buyers. Earlier, the sector was being pummeled across the sector, including Alpha Bank, Attica Bank […]
AP Photo/Petros KaradjiasA demonstrator makes the victory sign in front of a banner, depicting a wrecking ball reading ”NO” and destroying a wall with anti-austerity measures during a rally in Athens, Friday, June 10, 2015.The Greek stock market is about to reopen for the first time in five weeks. It’s been closed since the beginning of the country’s capital controls […]
AP Photo/Petros KaradjiasA demonstrator in front of a banner depicting a wrecking ball reading “No” and destroying a wall with anti-austerity measures during a rally in Athens, Greece, on June 10.The Greek stock market reopened on Monday for the first time in five weeks. It had been closed since the country’s capital controls took effect and bailout referendum was announced.Greece’s […]
The Greek stock market is set to reopen on Monday as talks continue with the country’s creditors on a new multi-billion-euro bailout. Photograph: Orestis Panagiotou/EPA
Greek investors expect a tumultuous day’s trading when Athens’ stock market reopens on Monday after a five-week shutdown.The resumption of trading in Greek stocks will be the latest step back towards economic normality, after the prime […]
© AFP/File Louisa GouliamakiPeople queue at ATM machines outside a branch of Piraeus Bank in central Athens on June 29, 2015Athens (AFP) – Attention will be focused on Greece’s embattled banks on Monday when the Athens stock exchange reopens after a six-week shutdown over the country’s debt crisis.The banks are in a vulnerable position because of outflows of billions of […]
Thomson ReutersA European Union flag flutters outside the Athens stock exchangeATHENS (Reuters) – Greece is waiting for the green light from the European Central Bank on plans it has submitted to reopen the Athens stock market after a month-long shutdown, two regulatory sources said on Tuesday.The exchange could reopen as early as Wednesday depending on the ECB’s opinion, the sources […]
REUTERS/Yiannis KourtoglouGreek flags are displayed for sale for one Euro at a shop in Athens, July 26, 2015.The Greek stock exchange will remain closed on Monday but might reopen on Tuesday after a one-month shutdown, official sources said.”It’s certain that it will not open on Monday, maybe on Tuesday,” a spokesperson for the Athens Stock Exchange told Reuters on condition […]
2015 2nd Quarter Market CommentaryJuly 22, 2015 | Documents and Literature,Insight,News & Press | Editor | 0 CommentOverviewThe fireworks came out just in time for the Fourth of July. The second quarter was relatively sleepy until the end of June when the Greek debt crisis made headlines again. Greece rejected a cash-for-reform proposal by the EU and missed an IMF […]
