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GI modestly lower Equities pared most of morning losses, as techs, healthcare and telecoms reversed and closed modestly higher. Sellers proved stronger on refineries and utilities. According to Reuters, Alpha Bank Said to Pass ECB Stress Tests.

Samaras in discussion with upcoming EC President over precautionary credit line

Greek PM discussed yesterday with EC upcoming president Mr. Juncker in the sidelines of the EU summit in Brussels the form/details of the precautionary credit line that Greece plans to tap after its prudent early bailout exit.

Maniatis approved the contract for the concession of the Vevi lignite mine

Greece expects to raise more than 150 million euros from leasing the lignite field in Vevi, during the first 15 years of the agreement, the Environment, Energy and Climate Change ministry said.

Eurobank economists estimate Q314 GDP to post 1% growth

Eurobank economists estimate Q3’14 GDP to post 1% growthGoing forward the current backdrop in both the EU and domestically could curb the economys economic recovery trajectory thus requiring a negative revision to the FY2014 GDP growth estimate, should conditions remain.

IOBE: Greek GDP to expand by 0.7% in 2014

IOBE: Greek GDP to expand by 0.7% in 2014IOBE researchers stressed that political uncertainty ahead of a presidential vote early next year is dampening investment appetite in Greece, while IOBEs general manager appeared confident that Greece will be able to tap the international bond markets.
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Tourist arrivals grew 15.6 pct in the first half of 2014

The biggest part of arrivals at 85.4 pct- grew 14.6 pct, while arrivals from the EUn grew 17.7 pct.

SETE: Tourism contribution to Greek GDP should reach 20.5%

Also TUI will bring some 2.2 million tourists to Greece next year.

Finansbank to proceed with a capital increase

Through a public offering and a private placement.

Regling: Any decision for the Greek debt should be taken in December

ESM head stated yesterday that the results of the stress tests will show the funding needs of Greece.

Tax debts to the Greek state hit a new record in September

he General Secretariat for Public Revenues announced.

Tourkolias optimistic on the stress tests

Regarding the stress tests he said that the management is not worry at all.

RAE granted licences for two wind parks of 106MW total capacity

he wind parks have a total capacity of 106MW.
That΄s How Gold Is Being Manipulated!

Thats How Gold Is Being Manipulated!

Mr. Jay Taylor, editor of "J Taylors Gold & Technology Stocks" newsletter, talks to about the manipulation of gold, the importance of the SGE real physical trade and what he calls the Western worlds path of self destruction.
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.
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.



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