Eurobank

Imported concerns about the US-Chinese trade negotiations weighed on the Greek stock market on Wednesday, on the back of the release of Alpha Bank's third-quarter results on Tuesday and ahead of Thursday's results by National and Eurobank.

Italy's biggest loan recovery firm doValue has emerged as the strongest bidder for Eurobank's loan servicing unit, sources familiar with the matter have told Reuters.
The deal is critical for the turnaround of Greece's third largest lender.

The main index at Athinon Avenue edged even closer to the elusive milestone of 900 points on Tuesday, with positive reports fueling the growth of bank stock prices and other blue chips.

The Athens Exchange (ATHEX) general index ended at 893.37 points, adding 0.57 percent to Monday's 888.29 points. The large-cap FTSE 25 index expanded 0.42 percent to 2,232.79 points.

A flurry of reports on the Greek credit sector confirmed the positive view held by foreign firms on local banks these days.

Blue chips got off to a good start on Monday morning in Athens, but the bulk of those gains had evaporated by the end of trade and the majority of stocks ended up in negative territory.

Dear Mr. Stiglitz,

It was an unpleasant surprise to hear that you participated along with other US academics in preparing a plan for Greece to exit the euro in 2015. The feeling was even harder, since you still believe that it was "carefully set" and seem rather disappointed for not finally implemented.

Η Eurobank πούλησε 180 επαγγελματικά ακίνητα

The Greek stock market enjoyed a day of solid gains on Thursday, with banks and Coca-Cola recording considerable growth and trading volume confirming that Athinon Avenue enjoyed wider investor interest than usual. Thursday's growth added a remarkable 1.2 billion euros to the bourse's capitalization.

Eurobank said on Thursday it was selling two real estate portfolios worth a combined 84 million euros to Brook Lane Capital and plans to put a third portfolio up for sale.
Eurobank, which is 2.4 percent owned by Greece's HFSF bank rescue fund after being bailed out during the country's debt crisis, repossessed most of the properties, residential and commercial, after loan defaults.

Non-bank blue chips led Greek stocks in a moderate advanceon Wednesday, while banks swung both ways before settling for minor gains at the end of the session, with rising stocks outnumbering the losers.

Eurobank's board concluded on Tuesday that competing offers by US funds group PIMCO and Italian bad loan specialist doValue for the Greek bank's loan-recovery unit FPS were both satisfactory, banking sources told Reuters.