Financial Morning News 15/06/2012


The General Index in Athens Stock Exchange (ASE), ahead of parliamentary elections over the weekend, closed at 550.10 posting significant profits of 10.12%, (the biggest percentage increase in the last 10 months from August 2011) in a turnover of €81.50mn.

Greece’s jobless rate rose to a record 22.6% in the Q1’12 from 20.7% in the Q4’11 and 15.9% in the Q1’11 (ELSTAT).

IIF said that Greece’s emergency bailout program targets should be eased in light of the country’s severe economic crisis and may need more external financial help.

Eurozone officials said that eurozone will not tear up the main targets of Greece’s bailout no matter who wins Sunday’s elections, but it might consider giving a new government in Athens some leeway on how it reaches them (Reuters).

The Slovak Prime Minister, Mr. Robert Fico supports Greece remaining in the euro zone, only if the country honors its commitments, otherwise it should quit.

Corporate Impacts

  • Cyprus Banks: The advisor to Central Bank of Russia, Mr. Pavel Medvedev said that Russia is prepared to offer Cyprus a new credit of €5bn.
  • Technical

    FTSE 20 June future:

      Support levels: 198-192-186. Resistance levels: 212-220-228.


    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!