GREECE - Factors to Watch on June 9

Tue Jun 9, 2009 3:02am EDT
 
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ATHENS, June 9 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Tuesday:

SCANDAL-WEARY GREEKS PUNISH GOVERNMENT IN EU VOTE

Greek voters angry with scandals and the economic crisis spurned their conservative government in Sunday's European Parliament election, which is expected to bolster opposition Socialist calls for early national elections. [ID:nL7143283]

GREEK MAY CPI SEEN SLOWING TO 0.7 PCT Y/Y

Greek consumer price inflation is seen easing further in May to a 0.7 percent annual rate, after dropping to a 41-year low in the previous month. National statistics service will report May consumer price inflation at 0900 GMT.[ID:nL51032437]

FORTHNET SAYS EQUITY FUNDS BID FOR STAKE SALE

Forthnet (FORr.AT), Greece's second-largest Internet provider, said on Friday private equity funds had submitted bids to acquire a stake in the firm. [ID:nL51044869]

OPAP'S Q2 STIHIMA SALES SEEN BETTER THAN IN Q1

OPAP's (OPAr.AT) sales from its flagship game Stihima have improved in the second quarter of the year compared to the Jan-March period, financial daily Imerisia reported, without citing any sources. OPAP's revenues from Stihima dropped 8.4 percent year-on-year to 527 million euros in the first quarter of 2009, the paper added.

ISRAEL'S DELEK SAYS MAY BID IN GREEK PETROL STATION TENDER

Israeli conglomerate Delek Group (DELKG.TA) said on Sunday it was examining the possibility of participating in a tender to buy petrol stations in Greece. Financial newspaper Calcalist said on Sunday Delek was looking into buying 600 petrol stations from Royal Dutch Shell (RDSa.L) for between 250 million and 300 million euros. [ID:nL7671930]

Separately, financial daily To Vima reported that BP (BP.L) is also considering selling its Greek network, which comprises about 1,200 stations.  Continued...

 

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