Tuesday, April 5, 2011

Factors to Watch on April 5

Here are news stories, press reports and events, which may
affect Greek financial markets on Tuesday:

IMF CHIEF BACKS GREECE IN NOT RESTRUCTURING DEBT
The International Monetary Fund supports Greece's wishes to avoid a debt restructuring, the head of the IMF said on Monday.
OTE PRICES 500 MLN EURO BOND
OTE priced a 500 million euro bond, maturing in 2014, with a coupon of 7.25 percent. [ID:nLDE73406M]
POSTBANK MULLS BOOSTING T-BANK UNIT
State-controlled lender Hellenic Postbank (TT) a potential takeover target, is weighing ways to help its ailing T-Bank unit.
EU AUTHORISES 30 BLN EUROS MORE IN GREEK GUARANTEES
The European Commission authorised a further 30 billion euros of guarantees for Greek credit institutions on Monday, part of the economic adjustment programme already agreed between Athens and the EU.
COURT ALLOWS HELLENIC PETROLEUM STRIKE TO CONTINUE
A Greek court allowed workers at Hellenic Petroleum the country's biggest refiner, to continue a 10-day strike, labour union officials said, strengthening their hand in wage and staffing talks.



source: REUTERS