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BUSINESS
13/10/23 • 11:55
BUSINESS
13/10/23 • 11:55
GEK Terna
GEK Terna vehemently dismisses press report which claimed that a bank refused to provide the company with a letter of guarantee.
MARKETS
13/10/23 • 10:50
MARKETS
13/10/23 • 10:50
Early stocks
Analysts expect profit-taking to prevail after the relief rally of the last three sessions. Interest rates and geopolitical concerns dent risk sentiment.
MARKETS
12/10/23 • 18:14
MARKETS
12/10/23 • 18:14
Stocks
Shares climb but were sharply off earlier intraday highs on Thursday, after the release of US inflation data, which came hotter than expected.
BUSINESS
12/10/23 • 17:35
BUSINESS
12/10/23 • 17:35
Piraeus Bank
Piraeus Bank said it launches a voluntary exit scheme, paying out compensations of up to 180K euros or even 220K euros to outgoing employees.
BUSINESS
12/10/23 • 17:10
BUSINESS
12/10/23 • 17:10
OTE
OTE's BoD approve the draft merger agreement by absorption of its 100% subsidiary Cosmote-Mobile. The process is expected to be completed in January 2024.
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.