
Athens Stock Exchange continued lower on Tuesday, dragged down by losses in the banking sector following results from Piraeus after Monday´s market close. Piraeus closes 21% lower, with National Bank down almost 27% and Eurobank off 26%.
Gazprom top management met with PM Samaras to discuss the privatization of the natural gas company DEPA. Gasprom will reportedly submit a binding offer to acquire DEPA.
In the first four months of the year the balance of the budget showed a deficit of 2.425 billion euros against a deficit of 9.148 billion in the same period last year and a target for a deficit of 5.74 billion euros this year.