Eurobank

The benchmark at Athinon Avenue registered yet another eight-month high on Wednesday, as traders appear willing to test the waters around 950 points, while daily turnover is also picking up pace. This was the fourth straight day of stock growth and the eighth session of gains for the main index in the last 11, extending the upward trend of the last couple of months.

Energy stocks led the Greek stock market's benchmark to new eight-month highs on Tuesday. The Athens bourse confirmed the upward trajectory of the last couple of weeks with a session that saw better turnover and a wider variety of options for traders to implement purchases.

The Greek stock market opened the new year with another eight-month high on Monday, even if trading was a fraction of its usual size, due to the festive season and the fact that Wall Street was closed.

The positive mood prevailed throughout the day at Athinon Avenue, with banks leading the way up and rising stocks outnumbering falling ones by a ratio of more than five-to-three.

ΤΡΑΠΕΖΑ EUROBANK ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ - ASTARTI DESIGNATED ACTIVITY COMPANY

The four systemic banks National, Alpha Bank, Piraeus and Eurobank are expected to close more than 120 bank branches throughout the country in 2022.

According to the plan of the bank administrations, Piraeus plans to close 52 branches, Eurobank 25, National 25 and Alpha Bank 15 bank branches.

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The Mart Cash and Carry chain proceeded with the acquisition of 9 leased stores of its network, according to confirmed information from the ot.gr (Oikonomikos Tachydromos).

The seller is Eurobank, from which the cash and carry chain rented the properties.

Completing one year from the start of their cooperation with Amazon, Hellenic Post responded to the challenge, delivering 95% of the parcels within or earlier than the relevant deadlines. Today, they manage on a monthly basis 70% of the European volume of the company, which reaches Greece through the Croatian hub.

Grivalia Hospitality is fully controlled by Prem Wax Fairfax, according to a Competition Commission statement.

The administrations of the four major Greek banks are ready to press the button for the abolition of interest on all deposit demand products, savings and current accounts.

The recovery continued in the third quarter of 2021, however the resurgence of the pandemic and the energy crisis pose downside risks for the fourth quarter of 2021 and jeopardize the disposable income of households.

This is the main conclusion of Eurobank's weekly study "7 DAYS ECONOMY".