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Wednesday, 4 December 2024
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Athens Macedonian News Agency: News in English, 17-02-07Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] IMF meeting discusses developments in Greece's economy, but not the financing of the programmeThe meeting of the executive board of the International Monetary Fund (IMF) which will discuss the Greek economy was still underway in New York on early Tuesday morning.According to journalist Michalis Ignatiou, Greece's representative to the IMF, Michalis Psalidopoulos, will submit and read a statement which will reflect the views of Finance Minister Euclid Tsakalotos and Bank of Greece governor Yiannis Stournaras. However, as the fund's spokesman Gerry Rice said on Monday,the executive board of the International Monetary Fund (IMF) will discuss developments in Greece's economy but it is not expected to make any decisions on its potential financing of the country's programme. "Clarifying: IMF board to discuss review of Greece's economy (Article IV) today. Decision on IMF potential future financing not on agenda," Rice tweeted. [02] Foreign investors lower exposure in Greek market in JanForeign investors lowered their exposure in the capitalisation of the Greek stock market in January, with their share falling to 60 pct from 61.4 pct in December. Excluding the participation of Hellenic Financial Stability Fund (HFSF), their share eased to 62.6 pct from 64.3 pct over the same periods, respectively. Greek investors' market share in the capitalisation of the Greek stock market was 40 pct in January, up from 38.6 pct the previous month.Foreign investors were net buyers with capital inflows totaling 37.1 million euros, while Greek investors were net sellers with capital outflows worth 37.09 million euros. Foreign investors accounted for 53.2 pct of market transactions in January, from 52 pct in December and 61.9 pct in January 2016. The market's capitalisation was 36.02 billion euros at the end of January, down 8.3 pct from the previous month but up 5.7 pct from January 2016. Athens News Agency: News in English Directory - Previous Article - Next Article |
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