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]
FOURLIS SHAREHOLDERS APPROVE 0.36 EURO DIV FOR 2008
Fourlis (FRLr.AT) shareholders approved on Friday the distribution of a 0.36 euro per share dividend for 2008, Saturday's financial Naftemporiki wrote. Management told the annual shareholders meeting it plans to invest 35 million euros in 2009 to expand its IKEA and Intersport networks.
www.naftemporiki.gr
EUROPEAN SHARES OPEN MIXED AS OIL TRIMS GAINS
European equities were seen mixed on Monday, following a 1.5 percent rise last week, as a drop in commodity prices dents recent strong investor appetite for resource-related stocks. [ID:nLF255077]
=======================================================
DISCLAIMER - The content and accuracy of the information contained in company news releases published on this service is the responsibility of the originating company and not of Reuters. While Reuters makes every effort to verify with the company concerned that any news release is genuine, it does not perform any other checks to verify the content or accuracy of the information in question.
For other related news, double click on: ---------------------------------------------------------- EUR Money Guide <EUR/1> Greek Debt News [DBT-GR] Greek Equities Guide <GR/EQUITY> Greece's Debt <GR/DEBT> Greek Economic Indicators [ECI-GR] Government Debt <GR/GOVT> Greek Stock News [STX-GR] Greek Money News [M-GR] Greek Exchange Info <GR/EXCH1> ---------------------------------------------------------
