Alpha Bank

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The factors threatening this tourism season

Alpha Bank warns in a report on tourism in 2019 that the risks associated with the economic slowdown in Greece's main markets, the Brexit uncertainty and concerns over trade wars and geopolitical tensions are leading to travelers from certain countries exhibiting more conservative behavior. The World Tourism Organization also believes that this behavior is already quite obvious.

Alpha appoints two new executives

Alpha Bank has added two new positions, chief legal officer and head of international operations, to its executive committee, Greece's fourth-largest lender said on Thursday.

The bank appointed Sergiu Oprescu as general manager of its international network, and Nikos Salakas as chief legal and governance officer.

Judicial probe launched into reports on gov't aide

An Athens prosecutor on Friday ordered a preliminary investigation into reports that a close associate of a government minister had tried to intervene so that a company owned by disgraced businessman Lavrentis Lavrentiadis could get out of paying more than 120 million euros in debts to the Public Gas Corporation (DEPA).

Eurobank loans for RES plants

Eurobank announced on Thursday that it has concluded three bond loan issues totaling 201.9 million euros, which will go toward financing three operating entities of Total Eren in Greece, representing a portfolio of 162.4 megawatts of wind and photovoltaic parks.