Sunday December 21, 2014 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Troika arrival makes market more skittish

The upcoming arrival of the troika on Sunday is bringing the issue of the year’s fiscal gap back to the fore, and sent jitters through the local bourse on Wednesday as the benchmark declined for the third session in a row.

The Athens Exchange (ATHEX) general index closed at 1,256.52 points, dropping 1.44 percent from Tuesday’s 1,274.94 points. The large-cap FTSE/ATHEX 25 contracted 1.30 percent to 409.43 points.

The benchmark dropped to its lowest level in the last six sessions came after investors displayed reluctance to buy stocks and led the index to its greatest slide in the last 16 sessions, albeit on low trading volume. Not even Deputy Minister for Energy Asimakis Papageorgiou’s statement about the impending deal with Gazprom to lower energy rates managed to sway the market.

Just two blue chips went up, with Eurobank Properties adding 0.25 percent and Marfin Investment Group rising by 0.22 percent, while Frigoglass led the losers with a drop of 5.10 percent and Mytilineos contracted by 3.40 percent.

In total 50 stocks recorded gains, 95 posted losses and 12 remained unchanged.

Turnover remained subdued, totaling 67.8 million euros, up from Tuesday’s 65 million.

ekathimerini.com , Wednesday February 19, 2014 (20:14)  
Workers rush to get early retirement
Piraeus Containter Terminal goes from strength to strength
Moscovici: Creditor inspections to become less frequent and ‘lighter’
Property capital gains tax halt
Greek PM offers compromise solution with elections by end-2015
Prime Minister Antonis Samaras on Sunday presented a compromise solution to end a political stalemate that looks likely to send Greece to early general elections in about a month's time. Spe...
Environment Ministry to reconsider controversial bill
The government over the weekend appeared to backpedal on proposed amendments widely seen as compromising legislation protecting Greek forests as well as Plaka, Athens’s old quarter. The bill...
Inside News
BASKETBALL
Explosive Barca unfazed by Panathinaikos, bomb scare
Panathinaikos lost 80-67 at home to Barcelona on Friday in a rather meaningless game at the end of the first group stage of the Euroleague, but the encounter will be remembered for the bomb ...
SOCCER
Abidal cuts short playing career at Olympiakos
Former France and Barcelona defender Eric Abidal announced his retirement from football on Friday, a day before his last match. Abidal said he will finish after playing for Olympiakos agains...
Inside Sports
INTERVIEW
‘Crisis of confidence will come back again and again,’ says Thomas Piketty
He’s treated like a rock star wherever he goes to lecture. His book “Capital in the 21st Century,” a study on income and wealth inequality from the 18th century to the present, recently tran...
COMMENTARY
Who lost Greece
If Greece collapses much will be said about where the fault lies. Sure, we all know the failings of Greek politicians. That said, much of the blame lies with outsiders who pushed Greece beyo...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek PM offers compromise solution with elections by end-2015
2. Environment Ministry to reconsider controversial bill
3. Corfu to host country’s first hydroplane strip
4. Political upheaval sharpens after bribe claims with threats and insinuations
5. Police gets new communications system
6. Most Greeks say they recycle daily
more news
Today
This Week
1. Greek PM offers compromise solution with elections by end-2015
2. Who lost Greece
3. ‘Crisis of confidence will come back again and again,’ says Thomas Piketty
4. Snubbing the moderates
5. Get your facts straight
6. The big picture
Today
This Week
1. Samaras summons bond vigilantes with euro exit talk
2. A friendly yet firm message from Pierre Moscovici
3. Europe's drama in Greece needs final act to avoid tragedy
4. High stakes
5. On the edge but not gutless
6. Gap between SYRIZA and New Democracy closing, says poll
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.