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MARKETS
05/10/23 • 15:01
MARKETS
05/10/23 • 15:01
Midday stocks
Bank losses drag the broader market lower at midday, in high volatility. Nervousness among investors is obvious, as sentiment falters.
ECONOMY
05/10/23 • 14:18
ECONOMY
05/10/23 • 14:18
Thessaly Floods
National Bank sees limited impact in the fourth quarter GDP from the catastrophic flood caused by the Daniel Storm, whereas reconstruction projects will boost growth in 2024-25.
BUSINESS
05/10/23 • 13:18
BUSINESS
05/10/23 • 13:18
EPC contract
Mytilineos signs a contract for a 373MW solar park in the United Kingdom with Quinbrook Infrastructure. The project is Cleve Hill Solar Park and it is currently the UK’s largest consented solar project.
ECONOMY
05/10/23 • 12:53
ECONOMY
05/10/23 • 12:53
EU
European Commissioner for Agriculture Janusz Wojciechowski, accompanied by Rural Development and Food Minister Lefteris Avgenakis, will visit flooded farmlands in the region of Karditsa on Thursday.
MARKETS
05/10/23 • 11:03
MARKETS
05/10/23 • 11:03
Early stocks
Stocks in Athens trade flat early Thursday, with investors remaining cautious. International markets are expected to set the tone.
BUSINESS
05/10/23 • 10:07
BUSINESS
05/10/23 • 10:07
Electricity market
Independent Power Producers’ share in retail market rises to 45.9%, with GEK-Terna’s Heron ranking first with 11.8%, followed by Mytilineos’ Protergia with 7.9% and Elpedison with 6.17%.
BUSINESS
05/10/23 • 09:51
BUSINESS
05/10/23 • 09:51
HFSF
Eurobank is reportedly set to complete the buyback of HFSF’s 1.4% stake at 1.80 euros per share next week. The stake corresponds to some 52 million shares.
MARKETS
04/10/23 • 18:21
MARKETS
04/10/23 • 18:21
Equities
Shares edge marginally higher, led by bank gains which offset severe losses among non-financials. In its trading debut, Optima Bank ends flat in heavy volumes.
ECONOMY
04/10/23 • 17:33
ECONOMY
04/10/23 • 17:33
OECD
Greece has to “improve the legal system’s effectiveness by simplifying administrative processes and communicating benefits of alternative dispute resolution mechanisms.”
ECONOMY
04/10/23 • 14:40
ECONOMY
04/10/23 • 14:40
Interest rates
Greek average interest rate on new loans rises 12 basis points m-o-m in August to 6.33% while the interest rate on new deposits increases to 0.39%.