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Athex on a technical bounce Local market tries to bounce from previous sessions heavy losses due to strong technical oversold levels. Banking sector outperforms the market as Vise president Dragassakis came forward yesterday with a softer tone regarding banks and their future.

Tsipras outlines the key priorities of the new government

Greek PM Mr. Tsipras outlined the first four priorities of the new government, which are measures to combat the humanitarian crisis, the revival of the economy and the negotiations with the Troika of lenders and clash with vested interests.

S&P sets Greeces rating to credit watch negative

"If the new Greek government fails to agree with official creditors on further financial support, this would further weaken Greeces creditworthiness and potentially trigger ratings downward revision".

U.S. President calls PM, congratulates on election victory

U.S. President calls PM, congratulates on election victoryU.S. President Barack Obama telephoned Prime Minister Alexis Tsipras to congratulate Greeces new premier on his election victory and told him that the United States will support the Greek governments efforts to end austerity policies, Greek government sources said on Wednesday.

EUs Katainen Firm on Greeces Debt

EU΄s Katainen Firm on Greece΄s DebtGreeces new government is unlikely to win support from other eurozone governments to cut its debt, a top European Union official said Wednesday, reiterating the blocs firm line on the countrys bailout terms following Sundays general elections.
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Lafazanis: PPC privatisation to stop immediately

Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis, speaking to SKAI TV, announced the decision of the new government to immediately stop any privatization of Public Power Corporation (PPC) and the ADMIE.

Schulz expected in Athens on Thursday

He will be the first foreign official to visit Athens after the installation of Tsipras as head of government.

Tax and custom revenues up 0.28 pct in 2014‏

Overdue tax collection totaled 3.68 billion euros in 2014, up 12.8 pct from 2013.

S&P may release its rating on Greece earlier than expected

The current rating of S&P for Greece stands at B with a stable outlook.

China Daily: Greece halts port sale to China

Agreed under its international bailout deal.

Coeure: ECB cannot agree to debt relief for Greece

ECB board member said in a newspaper interview published on Monday.

Greek singer Demis Roussos dies

At the age of 69 on Sunday night.
Alexis Tsipras΄s new Greek cabinet announced

Alexis Tsiprass new Greek cabinet announced

Alexis Tsipras has unveiled cabinet today. Beginning with the all important Finance Ministry. It will be headed by Athens University Professor Yanis Varoufakis. Panos Kammenos was arranged as National Defence Minister.
ECB to begin buying Greek state bonds from July‏

ECB to begin buying Greek state bonds from July‏

The European Central Bank could begin buying Greek state bonds from July, after Greece repays maturing bonds currently held by ECB, Mario Draghi told reporters. Bankers said that the July timetable was set by the ECB because the central bank currently holds a heavy portfolio in Greek state bonds.
Greek 2014 central government budget deficit dropped

Greek 2014 central government budget deficit dropped

Greek 2014 central government budget deficit dropped to EUR3.64bn from EUR5.44bn in 2013, missing, however, target deficit of EUR765m set out in 2015 budget.



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