Here are news stories, press reports and events, which may affect Greek financial markets on Wednesday:
EU, IMF TO PRESS GREECE ON FISCAL PLANS, PRIVATISATIONS An inspection team for Greece's international lenders will this week press the country to deliver on promises to make extra budget savings over the next three years and speed up privatisations. GREEK BANK DEPOSITS SEEN DROPPING 8 PCT IN 2011-NBG The drain in deposits that has worsened Greek banks' liquidity problems will persist this year before economic recovery reverses the trend in 2012, the country's biggest lender said in a report on Tuesday.
GREEK ATEBANK SETS TERMS OF 1.26 BLN EUR CASH CALL Greece's ATEbank, the only Greek lender to fail EU-wide bank stress tests last year, announced on Tuesday the terms of a 1.26 billion euro rights issue aimed at boosting its capital.
GREEK MARCH ECON SENTIMENT DROPS ON WEAK CONSTRUCTION Economic sentiment in Greece deteriorated in March after the improvement seen in the previous two months, mainly hurt by a sharply weaker reading in construction, a survey showed on Tuesday. EUROPEAN FACTORS-SHARES HIT 4-WEEK HIGH; MINERS ADVANCE European shares edged higher to hit a four-week high on Wednesday as growing optimism about a global economic recovery improved sentiment, while miners advanced on hopes demand for raw materials will improve.
by Tatiana Fragkou
source: Reuters
