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BUSINESS
24/10/23 • 09:04
BUSINESS
24/10/23 • 09:04
Bad loans
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
23/10/23 • 14:55
ECONOMY
23/10/23 • 14:55
Travel balance
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
23/10/23 • 12:37
BUSINESS
23/10/23 • 12:37
Alpha Bank-Unicredit
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
23/10/23 • 11:40
ECONOMY
23/10/23 • 11:40
Alpha-Unicredit deal
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
23/10/23 • 09:52
BUSINESS
23/10/23 • 09:52
Strategic parthership
Alpha Bank and UniCredit announce a strategic partnership in Greece and merger of Romanian subsidiaries.
ECONOMY
23/10/23 • 06:53
ECONOMY
23/10/23 • 06:53
S&P
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
20/10/23 • 18:06
MARKETS
20/10/23 • 18:06
Stock market
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
20/10/23 • 17:43
BUSINESS
20/10/23 • 17:43
Alpha Bank
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
20/10/23 • 14:51
MARKETS
20/10/23 • 14:51
Stock market
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
20/10/23 • 11:30
MARKETS
20/10/23 • 11:30
Stock Markets
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.