Alpha Bank
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Alpha Bank to expand further in Romania
Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg,
The two CEOs, who have created the third-largest bank in Romania, said they believe in Romania's prospects and see plenty of value there.
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Integrating the intellectually disabled into the labor market
Eva Papasotiriou greets customers in the food department of an Athens department store. The 27-year-old is a graduate of the Margarita Special Education Laboratory and the "My Work" program for the integration of people with intellectual disabilities into the Greek labor market. She has been working in the food department of Marks & Spencer since last November.
How banks achieved record profits in 2023
Greece's four systemic banks will distribute this year approximately 840 million euros in dividends, out of a total of €3.6 billion, which were the net profits of the previous year.
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ATHEX: Minor drop on reduced turnover
After a tight session at Athinon Avenue, the main index of the Greek stock market closed on Friday with small losses that were not enough to offset all of the gains it had recorded over the course of the week.
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State is one step before its full divestment from banks
The Hellenic Financial Stability Fund (HFSF) is one step before the complete divestment from Greece's four systemic banks, after the successful sale of all the shares it owned in Piraeus Bank.
ATHEX: Fifth week of gains for benchmark
The main index of the Greek bourse advanced for the fifth week in a row, despite the moderate losses suffered on Friday in what was a rather quiet session. Observers note that traders may be waiting for corporate moves and the placement of the state's 27% stake in Piraeus Bank, so they are saving their strength for now.
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Inflation hurting consumers
Consumers in Greece and worldwide feel even more financially stressed, despite the de-escalation of inflation, which, in fact, is expected to continue, pointing to a limited increase in consumption according to the first indications for 2024.
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Athens International Airport shares soar on debut
The Athens International Airport shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising by 14.02% in midday transactions amidst heavy trading, exceeding 50 million euros.
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ATHEX: Index reaches highs unseen since 2011
The Greek stock market took another step higher on Friday, closing at a new 13-year high for the second day in a row, as the local bourse appears close to shaking off the entire impact of the financial crisis that started in 2010 in Greece.
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Fitch revises outlook for Greek banks to ‘positive’ from ‘stable’
Fitch Ratings revised the outlook on Greece's four systemic banks - Alpha Bank, Eurobank, National Bank and Piraeus Bank - to positive from stable on Thursday, following the investment grade it gave Greek bonds on December 1.