Athens Informer

Salaried employment was on the rise in April according to Labor Ministry figures released on Wednesday. Data collected through the ministry’s Ergani database system showed 29,298 more people were hired in April than those who were fired or left their jobs… … Full News here – Latest News

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Banks and Coca-Cola HBC buoyed the main bourse index higher at the end of the week, though stocks were split down the middle between winners and losers. The Athens Exchange (ATHEX) general index closed at 926.73 points, up 0.86 percent on Thursday’s… Full News here – Kathimerini English

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Banks are continuing to inflict major losses on the local stock market, as their index has declined by 53 percent since the start of the year. They dragged the benchmark down again yesterday after Thursday’s short-lived euphoria. The Athens Exchange… Full News here – Kathimerini English

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The Central Bank of Cyprus issued a statement on Saturday to clarify the losses that depositors at Bank of Cyprus, as well as Cyprus Popular Bank (Laiki) which is going through a resolution process, would suffer as part of the shrinking of the financial s… … Full News here – Latest News

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Greek markets recover losses from Cyprus crisis ATHENS, Greece — Shares on the Athens Stock exchange rebounded Wednesday from heavy losses suffered over Cyprus' financial crisis, as a political spat erupted in Greece over whether the government is being too compliant with demands by its own … Full News here – Read more on Hilton [...]

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of caregivers staged a rally at Klafthmonos Square in central Athens yesterday, on the first day of a 48hour strike protesting the March 31 expiration of the state-funded Help at Home program. The outreach program provides assistance to some 100,000… Full News here – Kathimerini English

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Cypriot Finance Minister Vassos Shiarly said senior creditors won’t be forced to take losses in a proposed rescue of the country’s banks. Only junior bondholders will face losses in the bailout of Cyprus’s lenders, which may need about 10 billion euros… Full News here – Kathimerini English

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Many small and medium-sized enterprises are banking on the winter sales that start from January 15 and end on February 28, as in recent years many stores have been forced to shut down permanently after selling out of stock at the end of the sales… Full News here – Kathimerini English

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Many small and medium-sized enterprises are banking on the winter sales that start from January 15 and end on February 28, as in recent years many stores have been forced to shut down permanently after selling out of stock at the end of the sales period. … … Full News here – Latest News

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The combined losses of domestic banks due to bad loans in Greece and abroad add up to a staggering 46.8 billion euros, while the recapitalization needs of the local credit sector are estimated at over 40 billion, the Bank of Greece announced on Thursday. … … Full News here – Latest News

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The country’s main banks are again set to present major losses when they publish their third-quarter results on Thursday and Friday. Eurobank Ergasias is set to announce its Q3 result searly on Thursday morning, followed by Piraeus Bank in the afternoon a… … Full News here – Latest News

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All top five teams of the Basket League continued with victories in the seventh round of games, while Kavala remained winless and sacked its coach. Again. Olympiakos stayed alone on top with an emphatic 88-72 win over Kolossos on Rhodes on Sunday, with an… … Full News here – Latest News

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German Finance Minister Wolfgang Schaeuble rejected another debt restructuring for Greece, saying it’s unrealistic to expect public or private bondholders to take losses on their Greek holdings. Schaeuble’s comments, made in an interview with German radio… … Full News here – Latest News

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Investors were in a downbeat mood at the Greek stock exchange until early in the afternoon on Wednesday, when news of a deal between the government and its creditors broke and shares reversed their losses and turned green across the board. The Athens Exch… … Full News here – Latest News

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A quiet session on the local bourse yesterday, partly due to the US Labor Day holiday, saw stocks split between gainers and losers, with the benchmark index sliding at the end of the day. The Athens Exchange (ATHEX) general index ended at 642.37… Full News here – Kathimerini English

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