GREECE – Factors to Watch on August 23


ATHENS |
Tue Aug 23, 2011 3:30am EDT

ATHENS Aug 23 (Reuters) – Here are news stories, press
reports and events, which may affect Greek financial markets on
Tuesday:

GREEK BANKS MAY POSTPONE RELEASE OF H1 RESULTS DUE TO
ROLLOVER DELAYS

Greek banks are considering postponing the release of their
first-half earnings results until September, due to delays in
finalising the details of the proposed rollover plan for Greek
bonds, financial daily Imerisia reported, citing unnamed
sources.

www.imerisia.gr

GREEK BANKS ASKED TO REPLY ON BOND SWAP BY SEPTEMBER 9

Greek banks which will participate in the IIF’s proposed
rollover plan are expected to notify the Greek government by
September 9 on the amount of their government bond holdings,
daily Kathimerini reported.

www.kathimerini.gr

GREEK COLLATERAL DEALS PUT BAILOUT AT RISK-MOODY’S

Euro zone states seeking collateral for aid to Greece should
think again if they want its bailout to stay on track, a rating
agency said, as one of them said it would only press for such
guarantees as a last resort. [ID:nLDE77M036]

PROTON BANK’S BOND ISSUE TO TAKE PLACE SOON-SOURCE

Small Greek lender Proton Bank’s capital boost via a
convertible bond issue to address a liquidity squeeze will take
place soon, a source at the bank told Reuters on Monday.
[ID:nLDE77M031]

GREEK ECONOMY MAY CONTRACT BY UP TO 5.3 PCT IN 2011

Greece’s economy may contract by up to 5.3 percent this
year, the country’s finance minister projected during a meeting
with social partners on Monday, a labour union official who took
part at the meeting said. [ID:nATH006328]

HELLENIC’S GREEK THESSALONIKI REFINERY RESTARTING

Hellenic Petroleum (HEPr.AT) will restart its Thessaloniki
refinery in Greece on August 24, a source with direct knowledge
of the process said on Monday. [ID:nL5E7JM1EB]

BOOKIES SEE EUROPE STOCKS EXTEND TENTATIVE RALLY

Financial bookmakers expect to see the leading European
benchmark indexes inch higher on Tuesday, adding to their
tentative recovery rally and mirroring small gains on Wall
Street and in Asia. [ID:nLDE77M01Y]
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the responsibility of the originating company and not of
Reuters. While Reuters makes every effort to verify with the
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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
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