Tagged: week

Notaries staying away from foreclosures again this week

The central coordinating committee of Greece’s unions of notaries on Tuesday called on its members to abstain from Wednesday’s weekly auctions of foreclosed properties. This week’s ban on auctions of primary residences belonging to individuals with debts to the state comes in the wake of dozens of similar actions protesting the scheme that have delayed […]

Critical week ahead for Cyprus

Authorities in both Greece and Cyprus sought to give positive signals over the weekend about the prospects for a resolution to the longstanding division of the island ahead of a landmark multiparty summit scheduled to take place on Thursday in Geneva even though the meeting is expected to launch an open-ended procedure that could last […]

ATHEX: Small losses at the end of a declining week

The Greek bourse was in a holiday mood on Friday, with trading action being particularly reduced and stocks having a mixed picture at the end of the session. The Athens Exchange (ATHEX) general index closed at 630.28 points, shedding 0.25 percent from Thursday’s 631.85 points. On a weekly basis it declined 1.46 percent. The large-cap […]

Crucial week looms for government and SYRIZA

The government faces a challenging week, beginning on Monday when eurozone officials are to decide whether to unlock 2.8 billion euros in loans to Athens and culminating with SYRIZA’s four-day party conference starting on Thursday. Finance Minister Euclid Tsakalotos is to face his eurozone counterparts in Luxembourg for an assessment of Greece’s progress in implementing […]

ATHEX ends week on a negative note

The final week of August painted a difficult picture for investors on the Athens Stock Exchange thanks to low trading volumes making even so-called blue chip stocks unattractive. On Monday the general index strengthened 0.84 percent to 566.01 points. The value of transactions remained low and came to 21.34 million euros. Positive sentiment prevailed on […]

University entry requirements announced later this week

The agony for about 100,000 student candidates will finally end this week as the university entry requirements for the upcoming academic year are to be announced. According to estimations, the entry requirements for medical schools (particularly in Athens) and the Department of Electrical and Computer Engineering at the NTUA are expected to be exceptionally high. […]

ATHEX ends week on a high with fourth rise

Investors appeared relieved by the gross domestic product figures published on Friday, which showed that the Greek economy had grown marginally in the second quarter of 2016 on a quarterly basis. This was seen as the key reason behind the Athens Stock Exchange general index rising for a fourth day in a row. It increased […]