GD 17:19 819,61 -54,93 -6,28% Turnover 115,26 mln. €
Schaeuble’s comments, made in an interview with German radio Deutschlandfunk broadcast, pour cold water on a report in this week’s Spiegel magazine that Greece’s international creditors recommend a so-called haircut in their latest report on the country’s finances. The Finance Ministry in Berlin declined to comment on the Spiegel article.
According to Beta Securities, the week ended in the ASE with losses for most stocks and with a quite low turnover as a sign of waiting stance ahead of the voting of the austerity package from the Greek parliament. Given that Mr Kouvelis (leader of the Democratic Left party) has not agreed to vote for the labour reforms market will focus on the alternatives that may occur in order Greece to get part or the whole amount of the 31.5bn package. As long as this issue remains vague market may keep a slow pace and low volumes. (Capital.gr)
Further Reading: Bank Recapitalization Rumours Inflict Major Losses in Local Bourse