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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.
MARKETS
MARKETS
Stock market
Bank gains send equities in Athens higher
Upbeat banks send the Athens bourse higher on Wednesday, despite Europe’s losses. Volumes are thin, with long investors remaining sidelined for some time now.
MARKETS
MARKETS
Stock market
Equities rise at midday; Still volumes are low and investors sidelined
Stocks trade higher at midday in quiet dealings. European markets turned flat with traders monitoring corporate earnings and development in the Middle East.
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