The substantial contribution of GEK TERNA Group to the national economy and the Greek society was once again highlighted through a study "Socio-Economic Impact Assessment (SEIA) for the period 2022-2023".

The Fund received last week an offer from Unicredit for the stake as part of the Italian lender’s plan to become Alpha Bank’s biggest investor. Unicredit offers 1.33 euros per share.

Stocks in Athens traded slightly up early Monday, taking their cue from European shares, which opened higher despite ongoing volatility in the Middle East. At home, the week will be busy with third quarter earnings releases.

Greece will seek to raise 625 million euros through the offering of 13-week Treasury bills on Wednesday, November 1, the debt office PDMA said.

Stock-picking was the day’s trading pattern.European shares were muted on Friday.

Stocks in Athens moved sideways in midday trade, following Europe’s cautious stance. Banks are slightly higher with investors awaiting the third quarter earnings reports next week.

There is no risk of housing bubble in Greece, panelists at the Prodexpo Conference concluded. Still, warehousing demand is rising while the market lacks green warehousing logistisc.

Building activity was robust in July, with the number of building permits rising 7.5% y-o-y which corresponded to 20.6% higher volumes.

Hellenic Cables has signed a contract with Seaway7 for the East Anglia THREE offshore wind farm which is being developed by ScottishPower Renewables.

A moderate bounce is seen possible at today’s session, while banks should come under the spotlight gradually, ahead of the third quarter earnings reports next week.