GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 969.43 posting profits of 0.54%, despite the fact that the junior partner in the governing coalition, Democratic Left ousted two MPs, reducing coalition to 164 lawmakers, in a turnover of €54.00mn.
The Prime Minister Mr. Antonis Samaras will meet the German Chancellor Ms. Angela Merkel today in Berlin in the context of his visit to Germany to participate in a conference organized by Die Welt.
Today, Greece will auction €750mn of one-month treasury bills and €1.25bn of six-month paper (PDMA).
- ΟΤΕ: It announced that around 1.5k workers took part in its voluntary redundancy plan. The company estimates that its costs will be reduced by €80mn annually.
- PPC:The Company is expected to announce this week rate rises of up to 11% for customers from 25% that it had initially requested.
FTSE 20 December future:
- Support levels: 328-322-316. Resistance levels: 342-348-356.
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