Greece: Factors to Watch on August 29

Folli Follie SA

29/08/2014 07:45

ATHENS, Aug 29 (Reuters) - Here are news stories, press 
reports and events, which may affect Greek financial markets on 
Friday: 
   
    BAD DEBT PROVISIONS HIT GREECE'S PPC H1 NET PROFIT 
    Greece's dominant power utility PPC  DEHr.AT  reported a 
bigger-than-expected drop in first-half net profit, weighed down 
by increased provisions for overdue bills and tariff 
cuts. ID:nL5N0QY1KE  
     
    GREEK BANK DEPOSITS RISE FOR FIFTH STRAIGHT MONTH IN JULY 
    Greek bank deposits rose slightly in July for the fifth 
month in a row, central bank data showed.  ID:nEON4NB7RU  
     
    BANK OF CYPRUS  BOC.CY  CEO SAYS EXPECTS RE-LISTING OF BANK 
SHARE ON CYPRUS, ATHENS STOCK EXCHANGE "IN WEEKS"  ID:L5N0QY3U7  
     
    GREEK RETAILER FOLLI PROFIT SOARS ON ROBUST ASIA 
    Greece's biggest jewellery retailer Folli Follie  HDFr.AT  
reported a 30 percent rise in first-half core profit, helped by 
robust growth in its Asian business and a gradual recovery in 
consumer morale in its crisis-hit home market.  ID:nL5N0QY523  
     
    GREECE'S NBG FIRST-HALF PROFITS BOOSTED BY ONE-OFF TAX GAIN  
    National Bank of Greece (NBG)  NBGr.AT  reported 
higher-than-expected first-half profits on Thursday, helped by 
lower funding costs, a strong contribution from Turkish arm 
Finansbank FINBN.IS, lower bad loan provisions and a deferred 
tax benefit of 994 million euros. ID:nL5N0QY52K   
     
    EUROPEAN FACTORS TO WATCH-SHARES SET TO INCH UP; INFLATION 
DATA EYED 
    European stocks were set to inch up in early trade on Friday 
as investors await inflation figures for the euro zone, which 
may shed light on the European Central Bank's next move. 
 ID:nL5N0QZ0KF   
     
    GLOBAL MARKETS-ASIAN SHARES SLUMP AS UKRAINE TENSIONS FLARE 
    Asian shares slumped on Friday, pulling back from a more 
than six-year high touched this week, after flaring Ukraine 
tensions spoiled investor risk appetite. ID:nL3N0QZ02V  
     
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    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  
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Keywords: GREECE FACTORS/