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Current DateTime: 11:43:42 29 Nov 2009
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GREECE - Factors to Watch on November 6
By: AFX | 06 Nov 2009 | 03:17 AM ET
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ATHENS, Nov 6 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Friday: GREEK PM:NEED TO SAVE COUNTRY FROM BANKRUPTCY Greece's new government pledged in its 2010 draft budget on Thursday to save the country from bankruptcy by cutting the deficit while keeping electoral promises to help the poor amid the economic crisis. GREECE TO DELAY INTRODUCTION OF STOCK MARKET TAX Greece will delay the introduction of a planned tax on stock market gains, which was scheduled to take effect on Jan. 1, the country's finance minister said on Thursday. WIND HELLAS OWNER WINS RESTRUCTURING BATTLE Weather Investments has won the battle to keep control of debt-laden Greek mobile operator Wind Hellas, the company said on Thursday. GREEK OTE Q3 PROFIT DOWN AS MOBILE REVENUE SLIPS Greece's OTE, southeast Europe's biggest telecoms company reported a 19 percent fall in third-quarter net profit, hit by weaker mobile revenues thanks to economic weakness at home and in the Balkans. GREEK COKE BOTTLER Q3 SLIPS;RUSSIA WEIGHS Coca-Cola Hellenic, the world's second-largest bottler of Coca-Cola, reported on Thursday third-quarter net profit in line with market expectations and said outlook remained uncertain due tough economic conditions. ALPHA BANK SHARES TRADE EX-RIGHTS Alpha Bank shares trade without the right to 986-million-euro rights issue. The subscription period for the rights issue will run Nov 12 to 26, the Greek bourse said. Rights will trade on the Athens Stock Exchange from Nov 12 to 20. J&P AVAX UNDERTAKES ROAD PROJECT IN POLAND Construction company J&P Avax signed a contract for the construction of a 156.5 million euro road project in Poland, financial daily Kerdos reported. www.kerdos.gr ELAIS-UNILEVER NOT TO PROCEED WITH OIL UNIT SALE Elais-Unilever, the Greek branch of the food and consumer goods group Unilever, annouced it decided not to proceed with the sale of its domestic cooking oil units, as the bids submitted were not satisfactory, financial daily Imerisia reported. www.imerisia.gr EUROPE FACTORS-SHARES SEEN MIXED AHEAD OF U.S. JOBS DATA European shares were seen mixed on Friday, following a two-session rebound, as investors braced for key U.S. monthly jobs data that could shed light on the outlook for the world's biggest economy. ECB TAKES FIRST STEP TOWARDS EXIT, MORE DUE IN DEC The European Central Bank took its first step towards the exit from its crisis steps on Thursday by signalling one-year loans to banks will not be repeated next year. ============================================================== DISCLAIMER - The content and accuracy of the information contained in company news releases published on this service is the responsibility of the originating company and not of Reuters. While Reuters makes every effort to verify with the company concerned that any news release is genuine, it does not perform any other checks to verify the content or accuracy of the information in question. For other related news, double click on: ---------------------------------------------------------- EUR Money Guide Greek Debt News Greek Equities Guide Greece's Debt Greek Economic Indicators Government Debt Greek Stock News Greek Money News Greek Exchange Info --------------------------------------------------------- Keywords: GREECE FACTORS (Reporting by Tatiana Fragou; +30210 3376469; fax +30210 3311829/39; e-mail:athens.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

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