GREECE - Factors to Watch on November 10

Tue Nov 10, 2009 2:46am EST
 
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ATHENS, Nov 10 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Tuesday:

GREEK PPC SEEN SWINGING TO 9-MTHS PROFIT

Greece's biggest electricity producer, Public Power Corp (PPC) (DEHr.AT), is expected to report a surge in profit for the first nine months of the year, as falling costs more than compensate for a drop in demand. PPC will report results before the market's open. [ID:nL641877]

COCA-COLA HELLENIC PRICES 300 MLN EURO 2016 BOND

Coca-Cola Hellenic (HLBr.AT) priced a 300 million euro, 2016 bond, with a coupon of 4.25 percent, at 110 basis points over mid-swaps. [ID:nL9474533]

ALPHA BANK 9-MONTH NET HIT BY LOWER SALES, PROVISIONS

Alpha Bank (ACBr.AT), Greece's third largest lender, said nine-month profit fell 39.3 percent on lower loan volumes and higher provisioning for bad loans as a result of a weak domestic and regional economy. [ID:nL9362627]

ECB'S TRICHET LAYS INTO GREECE OVER STATISTICS

European Central Bank President Jean-Claude Trichet criticised Greece for producing unreliable statistics, saying they undermined the functioning of the euro zone's growth and stability pact. [ID:nATH004970]

GREECE'S INTRALOT ENTERS ITALIAN VIDEO-LOTTERY MARKET

Greece's Intralot (INLr.AT) said on Monday it will enter Italy's video-lottery market through a joint venture with Cogetech, eyeing revenue growth. [ID:nL9407285]  Continued...

 

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