The substantial contribution of GEK TERNA Group to the national economy and the Greek society was once again highlighted through a study "Socio-Economic Impact Assessment (SEIA) for the period 2022-2023".

Equities fall at midday on bank losses, despite domestic positive news flow. Europe is sharply lower, amid a slew of weak corporate earnings and geopolitical concerns.

The European leaders Summit which will take place Thursday and Friday in Brussels will debate the revision of the Multiannual Financial Framework 2021-2027, developments in Ukraine and Middle East, but also migration issues.

Household disposable income rises 7.6% in 2022 to 135.9 billion euros. However, the savings rate is negative by 4.0%.

The deal will enhance Alpha Bank's tangible capital and profitability. Alpha Bank's return on tangible equity (RoTE) is expected to increase by around 50 basis points, Moody's reckons.

Shares slip in early trade, taking their cue from Europe’s declines. Investors are sidelined ahead of the European Central Bank's policy decision later in the day.

Mytilineos reports its highest quarterly profitability performance in its history, led by energy sector. Third quarter numbers came in above street’s expectations.

Also, Lagarde stated that the offer of Unicredit for acquiring a 9.0% stake in Alpha Bank is a “clear sign of confidence.” Possibly, more deals to come, she said.

The transaction also includes renewal of the servicing agreement relating to provision by PDS of call center activities to Piraeus Group.

PPC concluded the acquisition of Italian Enel’s Romanian operations for a consideration of 1.24 billion euros. Including debt, the deal is valued at 1.9 billion euros.