Attica Bank

It seemed the minds of most investors were elsewhere on Thursday judging by the performance of Greek stocks, which drifted slightly higher while turnover was the lowest in the last 12 weeks.

The Athens Exchange (ATHEX) general index closed at 636.67 points, adding 0.15 percent to Wednesday's 635.74 points.

Early gains evaporated for the majority of stocks on the Greek bourse on Wednesday, which ended with a small decline for the benchmark and slightly increased trading volume.

The Athens Exchange (ATHEX) general index closed at 635.74 points, shedding 0.07 percent from Tuesday's 636.19 points.

The losses that Attica Bank, Greece's fifth largest lender, is expected to record at the end of the 2016 financial year will trigger a legal clause for the coverage of the bank's deferred tax assets by the Greek state via a compulsory share capital increase.

Former Finance Minister Yanis Varoufakis stepped up his dispute with Bank of Greece Governor Yannis Stournaras on Saturday by setting out in an op-ed the four reasons for which the latter should resign.

The suspected members of the Rouvikonas (Greek for Rubicon) anarchist group that were detained by police after barging into a branch of Attica Bank in central Athens were released late Thursday.

Police detained 22 suspected members of the anarchist group Rouvikonas (Rubicon) on Thursday after they barged into the branch of Attica Bank on Omirou Street, central Athens, before heading up to the second floor and hung a banner protesting the use of the state-backed lender by successive governments.

The European Commission has cleared small Greek lender Attica Bank's plan to issue government-guaranteed bonds to use as collateral for borrowing from the country's central bank, it said on Monday.

Attica Bank will issue government-guaranteed bonds that can serve as collateral to borrow funds from the Greek central bank's emergency liquidity facility (ELA), its deputy chief executive confirmed to Reuters on Thursday.

The Bank of Greece has submitted a request to the European Commission's Directorate-General for Competition for Attica Bank to draw cash from the emergency liquidity assistance (ELA) mechanism through the issue of Greek state bonds that will be used as collateral.

Yannis Kalogritsas who was one of the four winners of the TV license bidding, is reported to have asked for a 48-hour- postponement of the 18 million Euros deposit for the first installment of his total bid.