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European stocks drop after IMF halts Greek talks LONDON: Europe's main stock markets fell on Friday, the day after the International Monetary Fund pulled its team out of Greece's bailout reform talks saying they were far off reaching a deal.London's benchmark FTSE 100 index of top companies shed 0.67 percent to 6,800.81 points in afternoon deals.In Paris the CAC 40 sank 2.05 percent to 4,869.68 points, while Frankfurt's DAX 30 index lost 1.38 percent to 11,176.72 points compared with Thursday's closing level.Athens' main index plunged 4.99 percent to 782.05 points. giving up most of its optimistic eight percent surge the day before."European equities are trading moderately lower... after yesterday's rally had come to an abrupt halt on the back of reports that the IMF has halted negotiations with Greece due to a lack of progress," said analyst Markus Huber at brokerage Peregrine & Black."However the fallout ... has been limited by the release of solid US economic data ...

Athens stocks plunge 6pc on Greek default fears ATHENS: Athens' main stock index on Friday plunged 6.06 percent a half-hour from closing amid reports that senior eurozone officials have discussed the scenario of a default by Greece if talks with its creditors fail.The Athex composite tumbled to 773.24 points after eurozone officials confirmed they had begun discussing the consequences of Greece not meeting its debt payment, an event that could send it hurtling towards a messy euro exit.Copyright AFP (Agence France-Presse), 2015 ...
European stocks open lower as IMF halts Greek talks LONDON: Europe's main stock markets fell at the start of trading on Friday, one day after the IMF walked out of Greece's bailout reform talks.In opening trade, London's benchmark FTSE 100 index slid 0.48 percent to 6,814.16 points, Frankfurt's DAX 30 dropped 0.41 percent to 11,286.56 points and the CAC 40 in Paris shed 0.18 percent to 4,962.22 compared with the closing levels on Thursday."European equities are trading moderately lower this morning after yesterday's rally ...
European stocks climb before IMF warns on Greek debt talks LONDON: European stocks rose Thursday, with Greek shares soaring on optimism that Athens was finally close to a deal with its creditors before the IMF announced they were still "well away" from an agreement.Athens' main index had shot up 8.16 percent to end the day at 823.16 points.Europe's main markets were a bit less optimistic. London's benchmark FTSE 100 index of top companies rose 0.24 percent to close at 6,846.74 points.In the eurozone, the CAC ...
European stocks climb; Athens surges LONDON: Europe's main stock markets rose Thursday, with Greek shares soaring on hopes that Athens was finally heading towards a deal with its creditors.Athens' main index shot up 7.81 percent to 820.48 points in afternoon deals.Elsewhere, London's benchmark FTSE 100 index of top companies rose 0.52 percent to 6,865.74 points and the CAC 40 in Paris soared 1.53 percent to 5,010.60 Frankfurt's DAX 30 index won 1.46 percent to 11,429.48 points compared with Wednesday's closing ...
Athens stocks surge 5.47pc as optimism rises on debt talks ATHENS: Athens shares leapt 5.47 percent at open on Thursday, boosted by hopes that Greece could be close to a deal with its creditors on a rescue deal.The optimism came after Greece's Prime Minister Alexis Tsipras agreed with the leaders of France and Germany to intensify efforts for a bailout deal aimed at preventing Athens from defaulting.Copyright AFP (Agence France-Presse), 2015 ...
European shares steady, focus on Greece LONDON: European shares steadied in early trading on Thursday after a strong rally in the previous session, with the lack of any concrete progress related to Greek debt negotiations prompting investors to avoid strong bets.Greek Prime Minister Alexis Tsipras held a new round of late-night talks with the leaders of Germany and France and agreed to intensify negotiations with Athens' creditors ahead of a looming default at the end of the month.The talks have been ...


Index Closing Chg%
Arrow DJIA 17,596.35 1.95
Arrow Nasdaq 4,958.47 2.40
Arrow S&P 2,057.64 2.09
Arrow FTSE 6,620.48 1.97
Arrow DAX 11,083.20 3.56
Arrow CAC-40 4,869.82 3.74
Arrow Nikkei 20,109.95 2.88
Arrow H.Seng 25,966.98 2.61
Arrow Sensex 27,645.15 0.60

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln