Greek Shares Post Best Week Since November Amid Rebound in Banks
The Whirlwind Week of Greece’s Yanis Varoufakis
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A rebound in Greek lenders this week sent the benchmark ASE Index to its biggest gain since November.
Even as the gauge dropped for a second day, it advanced 11 percent this week. Euro-area governments won’t grant Greece’s request for a short-term financing agreement while it renegotiates the terms of its financial support, the chairman of the bloc’s finance ministers’ group said. Prime Minister Alexis Tsipras will deliver a policy speech on Sunday, and Finance Minister Yanis Varoufakis will face his euro-area counterparts in an emergency meeting Feb. 11.