Hellenic Petroleum

An official investigation into a fire that broke out Friday on the premises of Hellenic Petroleum facilities in the area of Aspropyrgos, west of Athens, was expected to be concluded by Monday, while an independent report carried out by the fire service was also expected to throw light onto the exact circumstances that led to the blaze.

Stocks were almost equally split between gainers and losers in the Greek bourse?s last session of the week as the drop posted by the banks index was to a large extent offset by increases for other blue chips such as Coca-Cola HBC and OPAP, as well as mid-caps.

Six people were injured,  five of them seriously, when a blaze broke out on Friday morning at the that Hellenic Petroleum (EL.PE) refinery west of Athens proper.

A 31-year old refinery worker was admitted to a nearby hospital with 70 percent burns over his body, while the other four were transported to other hospitals.

Five workers from the Aspropyrgos oil refinery west of Athens were in critical condition at a different hospitals on Friday with extensive burns from a fire that broke out early in the morning and also injured another six employees.

All five are on life support, with doctors saying that the next 24 hours will be crucial to their chances of recovery.

Six people suffered burns, three of whom serious, after a fire broke out on the premises of Hellenic Petroleum in Aspropyrgos, west of Athens, early on Friday.

The three seriously injured workers were transferred to the nearby Thriasio Hospital and two were said to be in intensive care.

Declining blue chips dragged the benchmark of the Greek bourse lower on Tuesday, as the various scenarios regarding proposals and counterproposals placed on the negotiating table by Athens and its creditors appeared to confuse investors instead of inspiring them at the start of the four-day trading week.

The Greek bourse reopened on Tuesday after the four-day Orthodox Easter break and posted significant losses at the end of the session as the uncertainty over the negotiations between Athens and its creditors and the storm of scenarios regarding a Greek default created concern among investors regarding the future of the economy.

By Giorgos Mantelas

Small though it may be, the Greek government bonds market could under certain conditions prove to be the success story of the year, especially for those attracted by risk.

Energy Minister Panayiotis Lafazanis on Wednesday insisted that Greece will roll back privatizations despite pledges made to the country's foreign lenders earlier this week.

The Athens Exchange (ATHEX) benchmark spent the entire day in the green on Wednesday as traders appear convinced a deal will be reached between Athens and its eurozone peers and refuse to give in to uncertainty, though early gains were contained over the course of trading.