GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 1,176.92 posting profits of 1.83%, in a turnover of €94.48mn.
According to press reports, the Russian Gazprom is reportedly close to an agreement with Greece’s Public Gas Corporation (DEPA) on the price of natural gas, with Gazprom sources suggesting on Friday that only a few details remain to be settled before a deal is reached in ongoing talks in St Petersburg.
According to Der Spiegel, Germany’s finance ministry is preparing the ground for a third aid package for Greece before European elections in May. The package could amount to €10bn – €20bn from the European rescue fund. A spokesman for the finance ministry denied that a new debt writedown was planned for Greece.
The US Assistant Secretary of State for European and Eurasian Affairs Ms. Victoria Nuland will visit Athens today and meet with the Deputy Prime Minister and Foreign Minister Mr. Evangelos Venizelos.
According to press reports, Greece is behind in the implementation of 153 actions demanded by its lenders. Of the outstanding actions, 57 are the responsibility of the Finance Ministry, 17 fall to the Development Ministry, another 17 to the Labor Ministry and 8 to the Administrative Reform Ministry. The rest are divided among other ministries.
- OTE: According to Bloomberg, Deutsche Telekom is expressing renewed interest in acquiring the 10% stake in the company that belongs to the Greek state.
FTSE 25 February future:
- Support levels: 378-370-366. Resistance levels: 390-398-406.
- Support levels: 1,150-1,120-1,095. Resistance levels: 1,190-1,210-1,230.
The information that EUROCORP (henceforth the “Company”) provides via the web page eurocorp.gr, can be used only for informative aims and not for commercial, investment or other purposes. They cannot be considered as offer, advice, or proposal for purchase or sale of securities issued by companies that are reported in the web page of the Company, or as prompt on the realisation of any form of investments. The Company is not by any chance accountable for commercial or investment decisions that will be taken based on this information.
The information emanates from sources that are available in public and are generally considered reliable. The Company overwhelm each possible effort for the verification of the validity of this information. Nevertheless, the Company is not committed as for the precision, plenitude and safety of information and consequently no responsibility arises for the company from the use of this information.
The use of web page eurocorp.gr is under the exclusive responsibility of each user, who accepts that the information and services, are provided “as such” and “depending on the availability”, without any guarantee of the Company, indicatively reported the guarantees of satisfactory quality or appropriateness for concrete aims.
You will need Adobe Reader to open the files. If you do not have it already, you may download it from Adobe’s website by clicking the icon on the right.