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Athens Macedonian News Agency: News in English, 17-02-07
CONTENTS
[01] IMF meeting discusses developments in Greece's economy, but not
the financing of the programme
[02] Foreign investors lower exposure in Greek market in Jan
[01] IMF meeting discusses developments in Greece's economy, but not
the financing of the programme
The 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 Jan
Foreign 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.
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