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GREECE - Factors to Watch on October 3

Wednesday, 3 Oct 2012 | 2:53 AM ET

ATHENS, Oct 3 (Reuters) - Here are news stories, press reports and events, which may affect Greek financial markets on Wednesday:

GREECE PUSHES FOR AUSTERITY DEAL AS TIME RUNS SHORT

Greece held a new round of talks with foreign lenders to bridge differences over 2 billion euros of disputed austerity cuts on Tuesday, with time running short to clinch a deal before a meeting of euro zone ministers next week.

GREECE'S PIRAEUS BANK REACHES DEAL TO BUY GENIKI-SOURCES

Greece's Piraeus Bank has struck a preliminary deal to buy French lender Societe Generale's loss-making Greek unit Geniki

to strengthen its position amid a brutal debt crisis, two sources close to the talks told Reuters.

FRANCE, FINLAND WANT SWIFT SPAIN, GREECE SOLUTIONS

France and Finland want solutions agreed in the next few weeks to the debt crises in Spain and Greece, President Francois Hollande said on Tuesday following a meeting with Finnish Prime Minister Jyrki Katainen.

ONE STEP FORWARD, TWO BACK FOR GREECE ON DEBT

Every step Greece takes to shore up its finances seems to make it harder for Athens to make the numbers add up in the long-term, especially when it comes to its spiralling debt.

EUROPEAN FACTORS TO WATCH-CHINA GLOOM SETS UP SHARES FOR LOWER START

European stocks were set for a slightly lower open on Wednesday as new gloomy economic data and uncertainty about Spain's debt crisis eclipsed underlying optimism about coordinated monetary support from central banks across the world.

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(Reporting By Tatiana Fragou) ((+30210 3376469)(fax +30210)(3311829/39)(e-mail: athens.newsroom@news.reuters.com))

Keywords: GREECE FACTORS/