GREECE - Factors to Watch on June 15

ATHENS, June 15 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Monday:

HELLENIC PETROL STARTS EARLY RETIREMENT PLAN

Greece's biggest refiner, Hellenic Petroleum (HEPr.AT), launched a voluntary retirement scheme for administrative staff to save costs as it plans to add workers in its core refining business, its CEO said on Friday. [ID:nLC556184]

GREECE SET FOR NEW STEPS TO CUT DEFICIT- FINMIN

Greece, struggling to contain its budget deficit as the economic downturn bites, is ready to take new fiscal measures to deliver on its commitments to Brussels, the country's finance minister said on Sunday. [ID:nLE6238]

GREECE MUST CREDIBLY CORRECT DEFICITS- EU'S ALMUNIA

Greece needs to take credible steps to correct its fiscal shortfall to under the EU's 3 percent of GDP limit by 2010, the European Union's Economic and Monetary Affairs Commissioner Joaquin Almunia said on Sunday. [ID:nLE107729]

EUROBANK'S SERBIAN ARM BORROWS 50MLN EUR FROM EIB

Greece's EFG Eurobank (EFGr.AT) secured a 50 million euro loan facility on Friday from the European Investment Bank to lend on to small and medium-sized firms in Serbia. [ID:nLC627693]

MOST EUROPEAN BANKS WILL PASS STRESS TEST- DEUTSCHE

Most European banks would pass a "stress test", but German, Irish and Nordic banks are still looking weak due to a lack of common equity capital in these countries, Deutsche Bank said. [ID:nLC630078]