Greece: Factors to Watch on May 22

Frigoglass SAIC

22/05/2015 08:53

ATHENS, May 22 (Reuters) - Here are news stories, press 
reports and events, which may affect Greek financial markets on 
Friday: 
     
    GREECE SEES REFORMS DEAL WITH LENDERS IN NEXT 10 DAYS 
    Greece expects to reach a cash-for-reforms deal with its 
creditors in the next 10 days and aims to meet all its payments 
in June, the government's spokesman said on Friday, after the 
prime minister met with EU leaders.  ID:nL5N0YD0HF  
     
    GREECE MUST WORK INTENSIVELY WITH CREDITORS- MERKEL 
    German Chancellor Angela Merkel said on Friday that Greece 
needed to work intensively with its creditors, with a lot of 
effort required before an agreement can be reached. 
 ID:nL9N0W602F  
     
    MERKEL, HOLLANDE URGE TSIPRAS TO COMPLETE CURRENT BAILOUT 
    Greek Prime Minister Alexis Tsipras held talks on Athens' 
debt crisis with the German and French leaders but won little 
more in public than a reminder he needs to do more to secure 
funds urgently needed to avert bankruptcy.  ID:nL5N0YC5CL  
     
    GREECE'S FRIGOGLASS TO SELL GLASS OPERATIONS FOR $225 MLN 
    Greek refrigerator maker Frigoglass FRIr.AT has agreed to 
sell its glass business to Nigerian aluminium can producer GZ 
Industries for $225 million (202 million euros) in an effort to 
cut debt and focus on its cooler business, it said on Friday. 
 ID:nL5N0YD0M5  
     
    MERKEL, HOLLANDE AND TSIPRAS MEET IN RIGA TO GIVE PUSH TO 
DEBT TALKS 
    German Chancellor Angela Merkel and French President 
Francois Hollande held talks late on Thursday with Greek Prime 
Minister Alexis Tsipras, hoping to speed the resolution of 
Athens' debt crisis on the sidelines of an EU summit in Riga. 
 ID:nL5N0YC4QZ  
     
    INTERVIEW-GREEK OPTIMISM ABOUT IMMINENT DEAL NOT JUSTIFIED- 
SCHAEUBLE 
    German Finance Minister Wolfgang Schaeuble has told Reuters 
the Greek government's optimism about clinching a 
cash-for-reforms deal with its lenders within days is not backed 
up by the negotiations, and he cannot rule out Greece becoming 
insolvent.  ID:nL5N0YC3D4  
     
    GREECE'S VAROUFAKIS COURTS CONTROVERSY ANEW WITH TAPING 
REMARK 
    Greek Finance Minister Yanis Varoufakis has raised a fresh 
furore by telling a newspaper that he taped a confidential 
meeting of euro zone finance ministers, drawing criticism that 
he was undermining Greece's efforts to secure aid from lenders. 
 ID:nL5N0YC2VU  
     
    GREECE, CREDITORS NOT IN TALKS ON EXTENDING BAILOUT- 
COMMISSION 
    Greece and its creditors are not in talks on extending the 
country's bailout until the autumn, with negotiations focused on 
meeting the programme's conditions by the time it expires in 
June, a senior European Commission official said. 
 ID:nL5N0YC3RH  
         
    KUWAIT'S AL AHLI BANK BUYING PIRAEUS BANK EGYPT FOR $150 MLN 
    Kuwait's Al Ahli Bank ABKK.KW will pay $150 million cash for 
a 98.5 percent stake in Piraeus Bank's BOPr.AT Egyptian unit, a 
deal which will support its regional expansion and give the 
Greek lender a much-needed boost to liquidity.  ID:nL5N0YC2HB  
     
    GLOBAL MARKETS-ASIA UP AFTER WALL STREET SETS RECORD HIGH, 
DOLLAR ON DEFENSIVE 
    Asian shares rose on Friday after Wall Street set another 
record high with prospects for a Federal Reserve rate hike in 
June all but quashed, while the dollar was on the defensive 
after downbeat U.S. data.  ID:nL3N0YD02N  
     
     
    ============================= 
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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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 (Compiled by George Georgiopoulos) 
 ((george.georgiopoulos@thomsonreuters.com; +302103376437; 
Reuters Messaging: 
george.georgiopoulos.thomsonreuters@reuters.net)) 
 
Keywords: GREECE FACTORS