
The Greek stock exchange closed up 7.98 percent on Tuesday as hope grew among investors of a possible compromise between Athens and its creditors over the country's bailout obligations.
The benchmark index had soared in afternoon trading as details emerged of a draft plan by the government to be presented to eurozone finance ministers at an extraordinary meeting in Brussels on Wednesday.
Banks led the rise, with Attica Bank closing up 13.33 percent and Alpha Bank up 9.68 percent.
According to a finance ministry source, the government is ready to play ball on 70 percent of its bailout obligations but wants to overhaul the remaining 30 percent -- which it would replace with a 10-step plan.
It will offer a series of measures including lower primary surplus targets and cutting debt through a swap plan to replace its current EU-IMF bailout deal obligations.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor