Financial Morning News 15/01/2013


The General Index in Athens Stock Exchange (ASE) closed at 968.29 posting losses of 1.17%, in a turnover of €88.95mn.

The German Finance Minister Wolfgang Schaeuble after his meeting with the SYRIZA leader Mr. Alexis Tsipras warned the Greek politicians that there is no alternative for Greece to its current fiscal adjustment program. Mr. Tsipras said that the austerity programs have failed in Europe and especially in Greece.

The director of IMF Ms. Christine Lagarde urged Greece to make greater efforts to boost its revenues.

Greece will auction €1.25bn of three-month T-bills tomorrow.


FTSE 20 December future:

    Support levels: 326-320-314. Resistance levels: 338-344-350.


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