Economy of Greece
Romania posts the highest Q3, 2014, economic growth in the EU
Romania has posted the highest Q3, 2014 economic growth in the European Union, on a quarterly basis, according to preliminary estimates released on Friday by the Eurostat European Statistics Office.
Greek stocks pull out of nose dive
After racking accumulated losses of 9.35 percent in the previous four sessions, Greeks stocks finally reversed course on Thursday.
Athens Exchange (ATHEX) general index ended at 883.54 points, adding 1.29 percent to Wednesdays 872.31 points. The large-cap FTSE/ATHEX 25 index rose 1.12 percent to 285.35 points.
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Yield on Greek 10-year bonds falls to 8.04 pct
Greek bonds rose on Wednesday, with the 10-year yield falling 13 basis points to 8.04 percent, a day after Deputy Prime Minister Evangelos Venizelos (photo) said that Greece aims to complete a review of its finances with its troika of creditors by December 8.
Trading of Greek government debt through the electronic secondary securities market, or HDAT, was 23 million euros on Tuesday.
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Banks drag bourse index lower
The Greek bourses banks index hit a 19-month low on Wednesday,sliding 5.06 percent and weighing on the market in yet another session of losses. Market sources explained the fresh decline by pointing to the Capital Market Commissions probe into naked short selling concerning bank shares last spring.
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Stocks drop as uncertainties overshadow Q3 results
Morning gains turned to afternoon losses for Greek stocks on Tuesday, as the benchmark dropped below the 900-point mark while National Banks stock dropped to a historic low of 1.71 euros per share.
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SDOE, FinMin employees arrested for extortion
Six people, including two Financial Crimes Squad (SDOE) employees and a Finance Ministry employee, were arrested on Monday over bribery and extortion charges, the Greek police department announced on Tuesday.
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Stocks slide anew as bears get settled
The trading week in Greece got off to another southbound start, with the benchmark sliding by as much as 2.5 percent midsession before climbing again and containing losses to just over 1 percent. It appears that the bears are getting settled at Athinon Avenue and wont be moving until the political landscape clears.
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Mycenean artifacts found in Bodrum
New artifacts have been found during excavations in Bodrumâs Ortakent and GümüÅlük neighborhoods. The artifacts will shed light on the history of Bodrum Peninsula, according to officials.
The Bodrum Underwater Archaeology Museum Director Emel Ãzkan said that they had discovered 49 artifacts from the Mycenean era.
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Greek bourse chalks up five days of gains
The Athens stock market posted gains on Thursday, in line with most of its international peers and stretching its rising streak to five sessions on slightly improved turnover.
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Fourth day of gains, but on low turnover
A fourth consecutive day of gains for stocks took the main index closer to the 1,000-point mark, but trading volume dipped anew. Expectations of something significant coming out of the Eurogroup meeting or Thursdays statement by the European Central Bank helped prop up the benchmark in the latter half of the day.
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