Eurobank

By Alexis Papachelas

It took Eurobank just four hours to fill its book with adequate offers for its approximately 2.5-billion-euro share capital increase from foreign investors on Friday, as investors offered 1.24 billion euros to add to the 1.33 billion that the consortium led by Fairfax has tabled.

Revolutionary Struggle, an urban guerrilla group that emerged over a decade ago, on Friday claimed its first attack in more than four years as a proclamation posted on the Indymedia website said that the organization planted the large car bomb that exploded outside the Bank of Greece on April 10.

By Yiannis Papadoyiannis

A late rally by blue chips including Piraeus and National offset the losses that the Athens bourse benchmark had been showing up to about half an hour before the end of Thursday's trading, with the rise in international markets also serving to assist in the recovery.

The bourse recovery continued for a third consecutive day on Tuesday, as blue chips led the benchmark to gains of almost 1 percent in the first session after the Easter holidays.

Eurobank and National are rushing to make the most of the favorable climate for Greece in global markets, as the former is beginning the process of its share capital increase this week and the latter is expected to open the book for its new five-year bond on Tuesday.

Greece's third largest lender Eurobank, which is issuing new shares to help plug a capital shortfall, said on Friday that the cash call will take place from April 25 to 29.

Eurobank chief executive Christos Megalou expressed certainty on Thursday that the lender’s share capital increase will be successfully completed very soon.

 Fairfax, Capital Research and Management, Wilbur Ross, Fidelity, Mackenzie and Brookfield to get shares

By Yiannis Papadoyiannis