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MARKETS
MARKETS
Shares
Equities stage strong rebound early Tue; Banks at helm
Stocks in Athens stage a strong rebound early Tuesday, after the recent sell-off. Europe’s recoveries lent assistance. Banks are the frontrunners.
BUSINESS
BUSINESS
Hydrocarbons
Helleniq Energy to decide on whether to conduct test drillings in next 6-12 months
CEO Andreas Shiamishis says the results of the offshore seismic researches in two blocks off Crete and Ionian Sea are currently evaluated.
ECONOMY
ECONOMY
Fitch-Greece
Fitch Ratings sees Greek primary surplus at 1.2%; 2023-25 GDP at 2%
The agency expects Greece to show continued fiscal consolidation in 2023, with the primary fiscal surplus rising to 1.2% of GDP, supported by strong revenue growth and spending constraint.
POLITICS
POLITICS
Trilateral Summit
Mitsotakis: Greece has shielded energy security of all SE Europe
Greece has quadrupled the exports of natural gas to its neighbours in the north since 2022, Mitsotakis said after a trilateral summit in Varna, Bulgaria.
MARKETS
MARKETS
Stocks
Equities suffer severe blow amid elevated geopolitical risk
Shares in Athens sank on Monday, after six consecutive weeks of losses. Investors turned risk averse on elevated geopolitical risk, following clashes in Middle East.
MARKETS
MARKETS
Stock market
Foreign investors net sellers of Greek stocks for sixth consecutive month in Sept
Foreign investors remain net sellers of Greek stocks for sixth straight month in September. They accounted for 55% of total turnover.
MARKETS
MARKETS
Midday stocks
Equities drop at midday, but bounce off session lows at open
Local stocks suffer steeper losses than European peers, as some bourses flipped to gains from losses boosted by energy stocks.
POLITICS
POLITICS
Prime Minister
Mitsotakis to attend trilateral meeting in Varna
The main subject of the meeting will be the enhanced regional connectivity and specifically, the development of a future Greece-Bulgaria-Romania corridor.
MARKETS
MARKETS
Early shares
Equities sink as investors turn risk averse on Middle-East conflict; Banks battered
Middle East conflict hammer stocks in Athens as investors have turned risk-averse. However, losses in Athens are steeper compared with major bourses in Europe.
BUSINESS
BUSINESS
Eurobank-HFSF
Eurobank buys back 1.4% stake from HFSF for 93.7m euros
Eurobank announces the acquisition of all its issued shares held by HFSF for a total consideration of 93.7 million euros. The lender bought back some 52 million common shares.
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