GREECE - Factors to Watch on April 30

Thu Apr 30, 2009 3:00am EDT
 
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ATHENS, April 30 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Thursday:

GREEK VOTE ON BRIBE CASE COULD FORCE SNAP ELECTION

A committee of Greek MPs failed to agree on Wednesday on whether a former minister should stand trial in a bribery scandal, leaving parliament to resolve the case in a vote that could trigger an early election. [ID:nLT959469]

TITAN TO SHED UP TO 180 JOBS IN MACEDONIAN PLANT

Greece's biggest cement producer Titan (TTNr.AT) will slash up to 180 jobs at a plant in neighbouring Macedonia as it reduces costs to cope with the economic slowdown, the company said on Wednesday. [ID:nLT14550]

GREEK MARCH HOUSEHOLD CREDIT GROWTH SLOWS TO 9.2 PCT

Growth in Greek household borrowing slowed to an annual 9.2 percent pace in March from 10.3 percent in February, central bank figures showed on Thursday. [ID:nLT890106]

OTE TO START NEGOTIATIONS ON VRP FOR UP TO 3,000 WORKERS

OTE (OTEr.AT) will reportedly start talks with company employees in May on a voluntary redudancy programme for 2,000-3,000 workers, estimated to cost about 300 million euros, financial daily Imerisia reported.

www.imerisia.gr

ASPIS BANK PLANS 100-120 MLN EURO SHARE CAPITAL INCREASE  Continued...

 

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