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Athens Macedonian News Agency: News in English, 16-01-12

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Eldorado Gold suspends much of its mine construction in Greece
  • [02] ND newly elected leader Mitsotakis' first moves
  • [03] Foreign investors raise participation Greek stock market's capitalization

  • [01] Eldorado Gold suspends much of its mine construction in Greece

    Canadian miner Eldorado Gold Corp on Monday said it will suspend much of its mine construction and development in Greece after a year of confrontations with the Greek government that included permits being revoked and delayed by the state, according to Reuters news agency.

    Eldorado said it will suspend construction at its Skouries project and warned that it would do the same at its Olympias project if it did not receive a permit by the end of March, Reuters said.

    [02] ND newly elected leader Mitsotakis' first moves

    New Democracy (ND) parliamentary group will probably convene on Thursday, its newly elected leader Kyriakos Mitsotakis said to journalists.

    Mitsotakis also said he will have a meeting with former party leader Evangelos Meimarakis and Prime Minister Alexis Tsipras. He underlined that his priority is the restructuring of the party.

    [03] Foreign investors raise participation Greek stock market's capitalization

    Foreign investors raised their participation in the capitalization of the Greek stock market in December to 60.3 pct (including the participation of Hellenic Financial Stability Fund) and to 64.2 pct (excluding the participation of HRDAF), from 59.2 pct in November. Greek investors held 32.5 pct of the market's capitalization in the last month of 2015.

    Foreign investors were net buyers in December, with capital inflows amounting to 997.58 million euros, while Greek investors were net sellers with capital outflows totaling 997.11 million euros. Foreign investors accounted for 65.1 pct of market transactions (up from 58.2 pct in November but down from 65.1 pct in December 2014). The value of transactions totaled 3.942 billion euros in December, up 331.5 pct from November and up 92 pct from December 2014. Average daily turnover was 187.73 million euros, up from 43.51 million in November and 102.68 million in December 2014.

    The number of active investor codes totaled 26,322 in December from 25,151 in November. The market's capitalization amounted to 39.2 billion euros in December, up 13.8 pct from a month earlier, but down 14.2 pct from December 2014.


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