ATHENS, Sept 1 (Reuters) - Here are news stories, press reports and events which may affect Greek financial markets on Wednesday:
GREEK PM ENJOYS STRONG SUPPORT DESPITE AUSTERITY
Greek Prime Minister George Papandreou still enjoys strong support despite tough austerity measures his socialist government has taken to deal with the country's debt crisis, an opinion poll showed on Tuesday.
GREEK JULY HOUSEHOLD CREDIT GROWTH SLOWS TO 1.1 PCT Y/Y
Growth of Greek household borrowing weakened further in July, slowing to 1.1 percent in annual terms as the economic downturn suppressed demand for credit, the country's central bank said on Tuesday.
MARFIN POPULAR H1 NET FALLS ON TAX, WEAK MARKETS
Cyprus-based Marfin Popular Bank's first-half net profit tumbled by a third, thanks to higher Greek taxes and weak fixed-income markets in the second quarter.
ATHENS BOURSE COMPANIES POST 1.4 BLN EURO LOSSES IN H1
Companies listed on the Athens stock exchange posted total losses of 1.378 billion euros in the first half, financial daily Imerisia reported, citing a Pegasus Securities report.
www.imerisia.gr
GREEK JUNE RETAIL SALES DROP 4.4% Y/Y
Retail sales fell 4.4 percent year-on-year in volume terms in June after a 7.3 percent drop in May, with the slump in consumer spending continuing as austerity policies strain household budgets, data from the country's statistics service (ELSTAT) showed on Tuesday.
MARKIT TO RELEASE GREEK AUGUST PMI DATA
Markit will release Greek PMI manufacturing data for August. In July, the index rose to 45.3 points.
EUROPEAN SHARES RISE ON CHINA PMI DATA; MINERS UP
European shares rose on Wednesday, led by mining stocks boosted by a manufacturing rebound in China and the media sector after Vivendi raised its annual profit targets.
EU APPROVES ABU DHABI MAR, THYSSENKRUPP MARINE DEAL
Abu Dhabi MAR Group and ThyssenKrupp Marine Systems won EU regulatory approval on Tuesday for a deal that combines some of their civil and naval ship-building and repair operations.
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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 Greek Debt News
Greek Equities Guide Greece's Debt
Greek Economic Indicators Government Debt
Greek Stock News Greek Money News
Greek Exchange Info --------------------------------------------------------- Keywords: GREECE FACTORS/ (Reporting by Tatiana Fragou; +30210 3376469; fax +30210 3311829/39; e-mail: athens.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
GREEK PM ENJOYS STRONG SUPPORT DESPITE AUSTERITY
Greek Prime Minister George Papandreou still enjoys strong support despite tough austerity measures his socialist government has taken to deal with the country's debt crisis, an opinion poll showed on Tuesday.
GREEK JULY HOUSEHOLD CREDIT GROWTH SLOWS TO 1.1 PCT Y/Y
Growth of Greek household borrowing weakened further in July, slowing to 1.1 percent in annual terms as the economic downturn suppressed demand for credit, the country's central bank said on Tuesday.
MARFIN POPULAR H1 NET FALLS ON TAX, WEAK MARKETS
Cyprus-based Marfin Popular Bank's first-half net profit tumbled by a third, thanks to higher Greek taxes and weak fixed-income markets in the second quarter.
ATHENS BOURSE COMPANIES POST 1.4 BLN EURO LOSSES IN H1
Companies listed on the Athens stock exchange posted total losses of 1.378 billion euros in the first half, financial daily Imerisia reported, citing a Pegasus Securities report.
www.imerisia.gr
GREEK JUNE RETAIL SALES DROP 4.4% Y/Y
Retail sales fell 4.4 percent year-on-year in volume terms in June after a 7.3 percent drop in May, with the slump in consumer spending continuing as austerity policies strain household budgets, data from the country's statistics service (ELSTAT) showed on Tuesday.
MARKIT TO RELEASE GREEK AUGUST PMI DATA
Markit will release Greek PMI manufacturing data for August. In July, the index rose to 45.3 points.
EUROPEAN SHARES RISE ON CHINA PMI DATA; MINERS UP
European shares rose on Wednesday, led by mining stocks boosted by a manufacturing rebound in China and the media sector after Vivendi raised its annual profit targets.
EU APPROVES ABU DHABI MAR, THYSSENKRUPP MARINE DEAL
Abu Dhabi MAR Group and ThyssenKrupp Marine Systems won EU regulatory approval on Tuesday for a deal that combines some of their civil and naval ship-building and repair operations.
==========================================================
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 Greek Debt News
Greek Equities Guide Greece's Debt
Greek Economic Indicators Government Debt
Greek Stock News Greek Money News
Greek Exchange Info --------------------------------------------------------- Keywords: GREECE FACTORS/ (Reporting by Tatiana Fragou; +30210 3376469; fax +30210 3311829/39; e-mail: athens.newsroom@news.reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News
