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GD         Turnover  mln.
GI ended with modest gains Greek equities finished session with modest profits, nevertheless momentum waned heading to the close. Retailers and telecoms outperformed while refineries and utilities ended up with losses. Turnover activity exceeded 110 million euro.

Samaras to meet Merkel next Tuesday

he meeting in Berlin was decided by the two leaders when they met on the margins of the July 16 Summit and it will take place at 12:30 (local time) and will be followed by a press conference.

Aegean Says Cyprus Air Sale Could Mean Lower Fees

Aegeans interest in state-run Cyprus Airways hinges more on prospects in the Cypriot air-travel market than on the companys current prospects, Aegean Vice Chairman Eftichios Vassilakis said in an interview with Bloomberg at Aegeans headquarters in Athens.
GREECE

Hardouvelis: Positive growth expected in 3rd quarter

Hardouvelis: Positive growth expected in 3rd quarterForeign investors show great interest in the Greek investment programme and the privatization of some of the governments assets, as they see there is only upside potential in the country he told US network CNBC in an interview.
ECONOMY

S&P upgraded Greece to B from B- on fiscal adjustment

S&P upgraded Greece to “B” from “B-“ on fiscal adjustment
The credit rating agency raised its long-term sovereign rating for Greece by one notch, to B from B-. S&P commented that the upgrade reflects their view that risks to fiscal consolidation in Greece have abated.
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Tsipras to be received by Pope Francis on Thursday

Their discussion will focus on issues related to poverty, migration and the environment.

Piraeus Bank included in Dow Jones Sustainability Index‏

A bank announcement said that these indices were among the most acclaimed sustainability indices.

Metka signed a contract with ERGOS

The project is jointly sponsored by the European Regional Development Fund (ERDF), under the operational programme "Improvement of Accessibility" for the 2007-2013 programme. Metka will work primarily on the tunnels in the project and has 24 months to complete it.

Parliament votes for ENFIA amendment

After a roll-cast vote called by the main opposition SYRIZA.

S&P Dow Jones reclassifies Greece as emerging market

Greece will carry a weight of 0.8% of the S&P Emerging Markets BMI Index.

S&P to issue an update on Greek sovereign rating on Friday

The credit agencys current sovereign rating stands at B-.

Car sales see new rise in August

August recorded a 20.8 percent increase in the number of cars circulating on Greek roads.

IMF: No meeting on Greek debt in Washington in November

he Funds spokesman said responding to reporters questions.
ARTICLE
Erdoğan’s “New Turkey”

Erdoğans New Turkey

Imagine a country whose ruling party boasts that it will remain in power for another 57 years, while breathlessly describing the grandiose projects it intends to carry out during that period. Imagine its prime minister claiming that the transformations wrought by his party will last until Judgment Day. By Behlul Ozkan an Assistant Professor at Marmara University, Istanbul.
BUSINESS
Mytilineos "sees" improved trends in Aluminium in the remainder of the year

Mytilineos "sees" improved trends in Aluminium in the remainder of the year

In a presentation to institutional investors, the mgt of Mytilineos commented that they see further improvement in the demand for Aluminium globally, a fact that is due to provide support to LME prices.
GREECE
OECD forecasts persistently high unemployment in Greece in 2015

OECD forecasts persistently high unemployment in Greece in 2015

Unemployment rates in Greece will remain persistently high until the end of 2015 and continue to hover around the current record levels of 27 percent, the Organisation for Economic Cooperation and Development (OECD) forecast in its Employment Outlook 2014 report.

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