OpenCalais Metadata: Ticker
By Yiannis Papadoyiannis
The effective tackling of nonperforming loans, getting credit expansion moving again and completing the return of the banking sector to private hands are the three main objectives of local lenders following the successful completion of the second stage of their recapitalization.
Rising stocks outnumbered decliners in the first session of the week at the Greek bourse, where all eyes were on Alpha Bank, which posted a record level of trading and will weigh heavier for the FTSEurofirst 300 index as of Thursday, NYSE-Euronext announced on Monday. Still, a drop among most blue chips inflicted losses on the benchmark.