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Symbol

GD Turnover mln. €

Greek market ends down

Athens Stock Exchange ends lower on Friday getting a lead from weaker core European markets although volumes have been light ahead of a long weekend for investors in the UK and the US. OPAP ends 2.6% lower.

Samaras: No tax relief until budget improves

However he pledged to eventually slash the corporate tax rate to a flat 15 percent. "We will follow the exactly the same successful example set by Ireland".

IMF board to discuss Greece on May 31

"A staff team will start discussions in Athens with the Greek authorities and our European partners on June 4. These discussions are expected to last about two weeks and Poul Thomsen will be leading the mission".

ECONOMY

IMF launches broad review on sovereign debt restructurings

The International Monetary Fund has begun to rethink how it should handle bailouts for countries that run into financial trouble, with staff suggesting private-sector creditors should regularly be required to bear some of the load.

ECB

Draghi Says Bond-Buying Pledge Helps Transmit Rates

“Our measures gave space from markets driven by panic, which were forcing the economy into a position where inappropriately high interest rates would make default a self-fulfilling prophecy".

Greek powers of retailing remain unchanged

What do the official data of IRI reveal about market share.

New bridge to be built between Turkey and Greece

Anatolia news agency reports quoting Turkish Deputy Minister of Customs and Trade Fatih Metin as saying.

OPAP: Q1 net profit 38.9 mln euros

Hurt by higher taxes and a deepening recession in its austerity-stricken home market.

GEK TERNA: New construction project in Saudi Arabia

The project is expected to be completed in early 2015 and the contract price is 84.1 mio Euro.

Economist: Greece has performed better than expected

"Greece is still in recession, but recovery could be around the corner."

Provopoulos: ΄Grexit΄ replaced by the word ΄Grecovery΄

He noted that a progress in economic restructuring reflected, the determination to implement the adjustment programme.

Greece΄s current account deficit improved significantly

To 2.3 billion euros in the first quarter of 2013, from 4.8 billion euros in the corresponding period last year, the Bank of Greece said.

Binding bids for DEPA by 29th May

Gazprom top management met with PM Samaras to discuss the privatization of the company.

GREECE

Citi no longer sees Greece exit next year

Citi chief economist Willem Buiter, who credited with helping to coin the term “Grexit,” no longer expects Greece to leave the euro zone in 2014, but isn’t giving up on the idea the forecast will be fulfilled at some point.