GREECE - Factors to Watch on June 5

Fri Jun 5, 2009 2:38am EDT
 
[-] Text [+]

ATHENS, June 5 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Friday:

INTRALOT SHAREHOLDERS APPROVE 150 MLN EURO BOND

Intralot (INLr.AT), the world's second-largest lotterys systems provider, said on Thursday it got shareholders' conditional approval to issue a bond of up to 150 million euros. [ID:nL4566427]

EYATH SEES 2009 PRETAX PROFIT DOWN 8.5 PCT

Greece's second largest water utility EYATH (TWSr.AT) said on Thursday it expects pretax profit to drop 8.5 percent in 2009, before a rebound in the next two years. [ID:nL41011040]

Separately, Spanish water utility Aqualia, part of FCC (FCC.MC) group, is reportedly interested in EYATH, financial daily Imerisia reported, citing unnamed sources. The Greek government has said it will seek a strategic investor for the company this year.

www.imerisia.gr

GREEK Q1 GDP GROWTH SLOWS TO 0.3% Y/Y

Greek economic growth slowed to a 0.3 percent annual clip in the first quarter from 2.4 percent in the last three months of 2008, the country's statistics service (NSS) said on Thursday, based on provisional estimates. [ID:nL4490171]

GREEK MAY ECONOMIC SENTIMENT CONTINUES REBOUND

Greek economic sentiment rebounded for the second straight month in May after a 12-month slide, helped by stronger retail trade and services readings but consumer confidence remained weak and construction worsened. [ID:nL4567906]

ECB SLASHES FORECASTS FOR EURO ZONE, OUTLINES BOND BUY  Continued...