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MARKETS
MARKETS
Stock market
Alpha Bank's rally send bourse higher, Investors assess mega-deal
Alpha Bank’s strong rally has set a positive tone for the sector and the broader market early Tuesday. Europe is mixed.
BUSINESS
BUSINESS
Attica Group
BoD approves merger by absorption of ANEK Lines
The merger by absorption of ANEK will occur at an exchange ratio of one common or preference share of ANEK to 0.1217 new common registered shares of Attica.
BUSINESS
BUSINESS
Amazon
Completes development of solar park in Aetolokarnania
The project is one of a total of thirty-nine new renewable energy projects announced by Amazon in Europe, adding more than 1GW of total clean energy capacity to European grids.
BUSINESS
BUSINESS
Bad loans
Debt servicers manage 89b euros of overdue loans by end Sept
Bad loans transferred to debt services reached 89 billion euros at the end of September, including 69 billion euros in loans which were sold to debt purchasers by banks.
ECONOMY
ECONOMY
Travel balance
Aug travel services surplus rises sharply; Visitors at 22.8m in Jan-Aug
Travel service balance showed a surplus of 4.1 billion euros in August up from a surplus of 3.9 billion euros in the respective month of 2022. Tourist arrivals reach 6.5 million in Aug.
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.
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