Eurogroup chief Jean-Claude Juncker’s statement that additional measures will be taken to reduce the Greek debt to 124 percent of gross domestic product by 2020 and estimates by bank officials that the two debt restructurings this year have cost lenders some 26.5 billion euros sent local stocks tumbling on Thursday.
The Athens Exchange (ATHEX) general index ended at 859.76 points, declining by 1.54 percent from Wednesday’s 873.25 points. The large-cap FTSE/ATHEX-25 index gave up 1.75 percent to end at 298.92 points.
The outcome of the state lotteries tender continued to weigh on OPAP, which lost another 2.90 percent.
Alpha Bank gave up 6.10 percent, while Marfin added 7.24 percent.
In total 62 stocks went up, 87 fell and 22 stayed put.
Turnover amounted to 61.7 million euros, down from Wednesday’s 66.4 million.
Two people are in intensive care and another 11 are being treated for minor injuries after an explosion in a taverna on the island of Salamina, off the coast of Piraeus, on Sunday morning.
F...
A bomb went of on the street where the Greek embassy in Tripoli, Libya, is located but the building was not damaged and there were no injuries, the Foreign Ministry said on Saturday.
"This l...
The conclusion of the A1 basketball league’s regular season saw the relegation of Peristeri to the A2 after a dramatic battle with Ilisiakos that was decided on a single point.
Peristeri act...
The start of the Super League playoffs for Greece’s second spot in next season’s Champions League has complicated things, as the teams that started as underdogs beat the favorites at home on...
Certain people have created a monster and now, when they observe it, they wonder what it is. Golden Dawn, along with all its slogans and behavior, is the work of many, not one single person....
The country has a unique opportunity to turn the page. Society has displayed incredible maturity and responsibility, despite all the hardships. Reforms which had been under discussion for de...
