Financial Morning News 07/01/2014


The General Index in Athens Stock Exchange (ASE) closed at 1,205.51 posting marginal profits of 0.05%, in a turnover of €43.83mn.

The Prime Minister Mr. Antonis Samaras and the Deputy Prime Minister Mr. Evangelos Venizelos are to hold their first meeting of the New Year today, just over a week before the troika is due to return to Greece

According to data released by the Finance Ministry, the budget revenues for the first 11 months of 2013 beat their target by 0.4%. This was the first time since March that the year’s revenues beat their target, while tax rebates also exceeded the amount provided by the budget by €500mn to reach €3.06bn.

PIMCO does not see Greece returning to international bond markets this year, contradicting claims by the Prime Minister Mr. Antonis Samaras that Greece would no longer need the support of foreign creditors this year.

Corporate Impacts

  • Greek Banks: Businesses and household deposits rose to €161.04bn from €160.38bn in October (BoG). Note that about €17bn returned to the banking system in the months following a mid-June 2012 election, which led to the formation of a new government and eased fears that Greece would leave the single currency.
  • Technical

    FTSE 25 January future:

      Support levels: 392-386-380. Resistance levels: 408-414-420.

    General Index:

      Support levels: 1,190-1,170-1,150. Resistance levels: 1,230-1,250-1,280.


    The information that EUROCORP (henceforth the “Company”) provides via the web page, 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 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.

    Get Adobe ReaderYou 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.

Error Page

GlobalSoft Perquote Server

    Error 404:   

    The page requested not found!