GREECE - Factors to Watch on June 26

ATHENS, June 26 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Friday:

GREECE RAISES INDIRECT TAXES, SEES NO GDP GROWTH

Greece announced a 1.9 billion euro package of new tax measures on Thursday to shore up its budget, and cut a previous forecast of 1.1 percent economic growth this year to zero. [ID:nLP246673]

EMPORIKI BANK TO SHED 1,500 JOBS OVER THREE YEARS

Emporiki Bank (CBGr.AT), a subsidiary of Credit Agricole (CAGR.PA), said on Thursday it planned to shed 1,500 jobs in the next three years through voluntary measures as part of cost savings. [ID:nLP214715]

PUBLIC POWER CORP KEEPS 2009 PRETAX PROFIT FORECAST

Public Power Corp (DEHr.AT) stuck to its guidance of 621 million euros of pretax profit for 2009, despite an estimated 3-4 percent fall in electricity sales, management told the annual shareholders meeting, financial daily Naftemporiki wrote.

www.naftemporiki.gr

FOLLI CONFIDENT ON 2009 GROUP PERFORMANCE

Jewellery retailer Folli Follie (FOLr.AT) remains confident on performance in 2009, managementt told the annual assembly of shareholders, financial daily Imerisia reported. Shareholders o approved the distribution of a 0.10 euro per share dividend for 2008.

www.imerisia.gr