The Greek Deal.com
More News
MARKETS
MARKETS
Midday stocks
Stocks are down in midday trade on bank losses
Bank losses drag the broader market lower at midday, in high volatility. Nervousness among investors is obvious, as sentiment falters.
ECONOMY
ECONOMY
Thessaly Floods
NBG sees limited impact in 4Q GDP from floods; 4Q GDP at +1.6% y-o-y
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
BUSINESS
EPC contract
Mytilineos signs 373MW solar contract in UK; Valued at 114.1m pounds
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
ECONOMY
EU
Commissioner for Agriculture visits flood-stricken ares
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
MARKETS
Early stocks
Equities trade flat, searching for direction; Banks fall
Stocks in Athens trade flat early Thursday, with investors remaining cautious. International markets are expected to set the tone.
BUSINESS
BUSINESS
Electricity market
PPC's retail market share drops sharply in Sept due to HV losses
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
BUSINESS
HFSF
Eurobank to complete buyback of HFSF's 1.4% stake next week-Reports
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
MARKETS
Equities
In a highly volatile session, stocks end marginally up led by bank gains
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
ECONOMY
OECD
The responsiveness of the justice system is a challenge for Greece
Greece has to “improve the legal system’s effectiveness by simplifying administrative processes and communicating benefits of alternative dispute resolution mechanisms.”
ECONOMY
ECONOMY
Interest rates
New loans' interest rate rises 12bps m-o-m in Aug; Deposits/Loans spread widens
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%.
More News