Eurobank
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Eurobank in talks with Banca Transilvania to sell Romanian business
Eurobank is in talks with Banca Transilvania to sell its subsidiaries in Romania as part of a restructuring plan agreed by Greece's third largest lender with European Union authorities.
The sale would close a decade-long chapter of ambitions by Eurobank and other Greek lenders to spread their wings abroad after the country's debt crisis forced them to retreat.
ATHEX: Benchmark ends seesaw session with minor losses
After a session of ups and downs on the Greek stock market on Wednesday, the benchmark and the blue chip indices ended the day with minor losses, while the majority of stocks posted moderate gains.
ATHEX: Rise restricted to blue chips on ATHEX
The return to normalcy for international markets after the recent turbulence has yet to be reflected on the Greek bourse. Blue chips edged higher for one more day on Tuesday, but there is no sign of the momentum that carried upward the stock market in May and June, hence declining stocks outnumbered winners.
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ATHEX: Stock sellers are waiting in the wings
Monday was another mixed day for the Greek bourse. Stocks were split between winners and losers, the benchmark had some moderate gains but the banks' index was virtually unchanged, and mid-caps conceded some ground. The drop in turnover compared with three declining sessions last week shows that a likely return of sellers is on the way.
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ATHEX: Benchmark slides 2 pct for the week
Bank stocks at the Athens Exchange (ATHEX) continued heading south at the end of the week, extending the weekly losses of the benchmark and taking it close to the 800-point mark, while also illustrating that the market was unimpressed by the hype over French President Emmanuel Macron's visit.
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ATHEX: Mixed picture for Greek stocks
The Greek bourse had a mixed picture on Thursday - in anticipation of any concrete results from the visit of French President Emmanuel Macron - with stocks split down the middle between winners and losers. However the trading volume was significantly improved.
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ATHEX: Uncertainty weighs on benchmark
Bank stock losses led the Athens benchmark into negative territory on Wednesday, even though the majority of stocks ended higher, and it appears that lingering doubts over the solvency of the local credit sector will not go away until a decisive answer is given, one way or another.
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ATHEX: Late rally brings respite to battered bank stocks
A late rally by bank stocks on the Athens bourse broke the credit sector's three-session slide on Tuesday, while most stocks registered moderate gains at the end of trade.
ATHEX: Banks' slide gaining speed
The Greek stock market's banks index continued its decline on Monday, posting a 3.52 percent drop to a three-month low and weighing heavily on the bourse's benchmark and the blue chip index, on what was a day of international market unrest due to concerns over North Korea.
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Lenders in good shape for NPL reduction
Greek banks managed to meet their targets for the reduction of nonperforming loans (NPLs) in the second quarter of the year, analysts note, stressing that this will continue to represent the biggest challenge for local lenders in the coming months too.
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