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Greek stocks rebound on budget euphoria
14 November, 1997

Greek equities yesterday ended higher on the Athens Stock Exchange rebounding from a 15 percent plunge in the previous six sessions.
The market reacted positively to the contents of the government's 1998 budget released on Wednesday, and to the government's position on the drachma, which lifted fears of a devaluation.
Investors were also encouraged by a further drop in interbank interest rates and signs of increased liquidity in the money market.

Source: Athens News Agency

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