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ECONOMY
12/10/23 • 16:44
ECONOMY
12/10/23 • 16:44
Stournaras
Bank of Greece governor Yannis Stournaras expressed his hope the country’s bank rescue fund HFSF to sell its stake in local lenders to good, long term-investors.
POLITICS
12/10/23 • 15:46
POLITICS
12/10/23 • 15:46
KYSEA meeting
The emergency meeting, chaired by Prime Minister Kyriakos, assessed the situation in the region and was briefed on the repatriations of Greek citizens from Israel.
MARKETS
12/10/23 • 13:44
MARKETS
12/10/23 • 13:44
Midday trade
Shares in Athens rise sharply in midday trade, on rotation into non-financials that have lagged the recent rally. Investors feel that the end for global rate hiking cycle is in sight.
BUSINESS
12/10/23 • 12:55
BUSINESS
12/10/23 • 12:55
Motor Oil
The refiner has purchased altogether 1,775,841 company shares at an average price of 19.278 euros per share.Initially, the scheme involved the purchase of seven million shares at a price range of 8-23 euros.
BUSINESS
12/10/23 • 11:55
BUSINESS
12/10/23 • 11:55
Moody's
Still, Moody’s has a word of caution: the sale of the HFSF shares to National Bank and Piraeus Bank could be more difficult than the Eurobank transaction.
MARKETS
12/10/23 • 11:02
MARKETS
12/10/23 • 11:02
Early stocks
Equities trade higher early Thursday, led by strong banks and refiners. European shares opened higher, eyeing US CPI data, which will determine the trend of the day.
MARKETS
11/10/23 • 19:06
MARKETS
11/10/23 • 19:06
Equities
Shares in Athens close higher on Wednesday, extending Tuesday’s oversold bounce, after six weeks of consecutive losses.
MARKETS
11/10/23 • 15:13
MARKETS
11/10/23 • 15:13
Midday stocks
Stocks extend gains at midday, as investors search for buying opportunities. into non-financials. Analysts argue that stocks deserved “an oversold bounce”.
ECONOMY
11/10/23 • 14:48
ECONOMY
11/10/23 • 14:48
Fiscal Monitor
The general government balance is projected to show a primary surplus of 0.1% of GDP in 2022, 1.0% of GDP in 2023 and 2% of GDP in 2024-2025, and then to average 2.2% in subsequent years up until 2028.
ECONOMY
11/10/23 • 12:34
ECONOMY
11/10/23 • 12:34
IMF
Accompanying him on this mission will be Dimitris Tsakonas, General Director of the Public Debt Management Agency, and Michalis Masourakis, Greece’s representative to the IMF.