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MARKETS
MARKETS
Equities
Banking rebound send market slightly up at midday
A strong rebound from banks at midday reverses broader markets early losses of around 1%. Optima Bank trades 0.7% lower, compared with early losses of over 4%
MARKETS
MARKETS
T-bills
Greece sells 812.5m euros of 3-month T-bills at a rising yield
Greece raises 812.5 million euros through the offering of 13-week Treasury-bills which yielded 3.90% higher from 3.72% in the previous similar sale in August.
ECONOMY
ECONOMY
Tax evasion
Tacking tax evasion could add 2b euros to government coffers annually
Calculations based on the VAT gap as measured by the European Commission show that Greece loses 2b euros from tax evasion every year.
MARKETS
MARKETS
Early stock trade
Equities trade in negative territory, as global sentiment falters
Stocks in Athens traded in negative territory early Wednesday in line with Europe’s shares which slid for a third day in a row. Banks were badly hit.
MARKETS
MARKETS
Equities fall sharply at midday
Technical glitches lead to busted trade in Athens; Shares take a hit
Stocks in Athens fell sharply amid low volumes at midday, as technical glitches resulted in busted trade. OTE went against the declining trend.
ECONOMY
ECONOMY
ECONOMY
Bank credit to Greek private sector contracts further in Aug
Bank credit to Greece’s private sector contracted to 0.9% in August from 1.2% in the previous month.
ECONOMY
ECONOMY
Greek household savings drive bank deposits higher in Aug
Private sector bank deposits rise in Aug due to household savings
Private sector bank deposits recover in August, due to household savings. They stood at 189.35 billion euros, as of end Aug.
MARKETS
MARKETS
Greece sells 812.5m euros of 6-mo T-bills
Greece rolls over 6-mo T-bills; Yield rises to 3.90%
Greece's 26-week T-bill auction yielded at 3.90% higher 3.83% in August sale. Individuals can participate in the auction with a maximum amount of 15,000 euros each.
POLITICS
POLITICS
Hatzidakis in Tirana for Berlin Process meeting
Hatzidakis expresses support to Western Balkans EU accession efforts
Finance Minister Costis Hatzidakis expresses Greece's support to EU accession efforts of Western Balkans. He underlines the importance of state of justice.
MARKETS
MARKETS
Shares in Athens trade flat; Rangebound trading expected
Equities trade flat; Europe's mild performances to set tone
Stocks are flat early Wednesday, amid soft openings in Europe. OTE gains.
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