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BUSINESS
BUSINESS
Eurobank Holdings
93.47% stake in Hellenic Bank - Mandatory public offer Newsroom
Eurobank announced the completion of the acquisition of an additional 37.6% stake in Hellenic Bank for a price of EUR 750 million. Following the transaction, its total stake amounts to 93.47% of Hellenic Bank
BUSINESS
BUSINESS
JUMBO GROUP
Sales increased by 11% in January
Jumbo's group sales increased by 11% in January last year, compared to the corresponding month of 2024
MARKETS
MARKETS
Athens Stock Exchange
Controlled consolidation of the gains
The Greek stock market recorded losses today, with investors making a controlled consolidation of the gains made on Tuesday.
DEAL MAKER
DEAL MAKER
TRADE ESTATES
Packages with discount 10%
Packages of shares representing 15.99% of the share capital of Trade Estates were transferred today through prearranged transactions on the Athens Exchange.
BUSINESS
BUSINESS
Eurobank
Disbursement for the 8th tranche approved - 2.2 billion from the Recovery Fund
Eurobank has received approval for the disbursement of the eighth tranche of the Recovery & Resilience Fund (RDF), amounting to €300 million of resources, from the Ministry of Economy and Finance, having met the required targets under the Operational Agreement signed with the Greek State.
ECONOMY
ECONOMY
S&P Global Ratings
Vote of confidence for Greek banks with new upgrades
S&P Global Ratings upgrades the ratings of National Bank, Eurobank, Piraeus Bank and Aegean Baltic Bank and confirms the rating of Alpha Bank, citing the stronger institutional environment and the improved capital quality of the sector.
BUSINESS
BUSINESS
QUEST GROUP
Acquired70% of the share capital of Benroubis S.A
Quest has announced the acquisition of 70% of the share capital of Benroubis S.A. for a total consideration of approximately €26 million, following the approval of the competent competition authorities.
ECONOMY
ECONOMY
ELSTAT
Gross Value Added to grow by 13.9% in 2022 - Top regions
Gross Value Added (GVA) in 2022 increased by 13.9% compared to 2021 in the country as a whole, according to the Regional Accounts of ELSTAT.
MARKETS
MARKETS
Athens Stock Exchange
January left with a +5.4% gain
The Athens Stock Exchange remained at the "ridges" of 1,550 units, despite the fact that the sellers managed to regain control of the "steering wheel", even if only in the end.
ECONOMY
ECONOMY
Eurobank
Between growth and fiscal stability in the 2025 budget
The 2025 budget strikes a balance between growth and fiscal stability in an environment of increased challenges, Eurobank says in its weekly financial bulletin entitled "Fiscal Developments 2024 & Budget 2025: Targets, Data and Forecasts.".
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