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BUSINESS
BUSINESS
Alpha Bank-Unicredit
Hatzidakis, Stournaras welcome mega-deal
Finance Minister and Bank of Greece head welcomed the Alpha Bank-Unicredit mega deal, as a European bank invests in Greece after a decade.
ECONOMY
ECONOMY
Alpha-Unicredit deal
HFSF confirms offer by Unicredit for Alpha's stake; To launch tender process
Hellenic Financial Stability Fund confirms it has received an offer by Uncredit to buy 9% Alpha’s own stake held by the bank rescue fund.
BUSINESS
BUSINESS
Strategic parthership
Unicredit offers to buy Alpha' s stake from HFSF; To merge Romanian subsidiaries
Alpha Bank and UniCredit announce a strategic partnership in Greece and merger of Romanian subsidiaries.
ECONOMY
ECONOMY
S&P
Greece in investment grade; Govt, ESM hail upgrade
S&P has upgraded Greece's sovereign credit rating back to investment level after 13 years. The rater announced late Friday that it has raised the Greek rating to "BBB-", from “BB+" with a stable outlook.
MARKETS
MARKETS
Stock market
Equities close slightly down, despite Europe's steep losses; Eyeing S&P
Shares end slightly down in Athens, but losses were milder compared to European peers which are deep in the red. Investors are awaiting S&P’s verdict on Greece.
BUSINESS
BUSINESS
Alpha Bank
Completes 1.5b euros NPL sale to Hoist Finance
Alpha Bank has completed the disposal of a 1.5 billion euros retail unsecured non-performing loans to Hoist Finance. The sale of Cell project is capital neutral for the bank.
MARKETS
MARKETS
Stock market
Upgrade epxectations put a brake on stocks' losses
Stocks slide in Athens at midday, but losses were milder compared European peers which are set to post seven-month lows. Expectations for upgrade by S&P lend assistance.
MARKETS
MARKETS
Stock Markets
Equities fall, tracking international gloom; Eyeing S&P
Stocks in Athens trade lower early Friday, following Europe’s declines amid growing fears about a wider Middle East conflict.At home, investors are awaiting S&P’s verdict.
MARKETS
MARKETS
Stock market
Stock pickers keep equities afloat; Volumes remain low
Equities end flat on Thursday in a low-volume session, bucking Europe’s declines, the deepest in the last two weeks.
MARKETS
MARKETS
Stock market
Equities fall slightly in early trade despite Europe's deeper losses
A raft of weak corporate earnings added to the already risk-averse mood across the continent. At home investors are in a wait-and-see mode, which is reflected in the light trading activity of the past sessions.
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